Is Now the Time to Go All-In on Silver—or Stick with Gold?

[Conan The Barbarian]

Looking for a Long-Term Investment: Silver or Gold?

[bkk6060]

Silver or Bitcoin.

[pacovl46]

Gold is a long term investment and in my opinion much safer than anything else, apart from real estate maybe. 

[FlorC]

For years they have been saying that silver at 90 + G/S ratio is a good investment.

It's coiling up for a big jump, I read it nearly every day.

We're still waiting ....and waiting.

Small market , easily manipulated.

Gold has nearly doubled since it's peak from 2011 (1920 $) to 3500 $ peak.

Silver still way under the 50 $ peak from 2011.

 

Depending on when you bought , silver is a big disappointment.

Silver is gold on steroids , in reality , only when it goes down.

 

If you want to own silver (in your hands) expect premiums and taxes (VAT)

in many countries by which you quicky loose 20 %.

1 kg gold is now about 100 kg silver (without VAT) which is a lot to store.

If you give it to secure storage , is costs you more for silver.

 

At these prices for gold it's a tough decision , because with Trump's daily

flipflops and posible wars ending , chances are bigger for a drop, but it can go much higher too,

because the financial fundamentals (debt , inflation , money printing ,bail-ins...) are still there.

 

Silver still cheap , but when is it finally going to break out ?

Buying gold in Thailand is easy , silver not.

Thais don't seem to care about silver.

 

EU starts with CBDC's in october 2025.

Good to have some of the metals and keep your

money out of banking or cbdc'c.

 

 

[IsaanT]

No.

Next question?

[JustinTyme]

Gold is a solid long term investment, and especially easy in Thailand.

The most highly respected company is Hua Seng Heng.
We bought our physical gold there, because gold from that business is recognized all over the Kingdom, and beyond.
We also have an online gold investment account with them, which is great because you can buy small fractional quantities (1,000 Baht minimum purchase) so very easy to "buy the dips" from home and ladder into a lower cost per Baht Gold.

Investing in Gold is a process, over time, that has historically paid off when given enough time.
 

[Digitalbanana]

Never go all in on anything.

[Cameroni]

Gold is the most sensible long term investment, just judging by past performance.

[JustinTyme]

30 minutes ago, Digitalbanana said:

Never go all in on anything.

I need for you to call my Brother in Law!  He bought 25,000 shares of Apple in 2010 and never sold it!  Is it too late to prove him wrong and get him to change his ways???

[RocketDog]

36 minutes ago, FlorC said:

For years they have been saying that silver at 90 + G/S ratio is a good investment.

It's coiling up for a big jump, I read it nearly every day.

We're still waiting ....and waiting.

Small market , easily manipulated.

Gold has nearly doubled since it's peak from 2011 (1920 $) to 3500 $ peak.

Silver still way under the 50 $ peak from 2011.

 

Depending on when you bought , silver is a big disappointment.

Silver is gold on steroids , in reality , only when it goes down.

 

If you want to own silver (in your hands) expect premiums and taxes (VAT)

in many countries by which you quicky loose 20 %.

1 kg gold is now about 100 kg silver (without VAT) which is a lot to store.

If you give it to secure storage , is costs you more for silver.

 

At these prices for gold it's a tough decision , because with Trump's daily

flipflops and posible wars ending , chances are bigger for a drop, but it can go much higher too,

because the financial fundamentals (debt , inflation , money printing ,bail-ins...) are still there.

 

Silver still cheap , but when is it finally going to break out ?

Buying gold in Thailand is easy , silver not.

Thais don't seem to care about silver.

 

EU starts with CBDC's in october 2025.

Good to have some of the metals and keep your

money out of banking or cbdc'c.

 

 

All you said I agree with.

I vault metals in Singapore and Canada. Silver just isn't worth the storage fees and space. If you hold it yourself it's bulky and again takes too much space. 

 

The only money I ever made on silver was the 90% silver American 'junk' silver coins I bought in 1974 when it was $5/oz and sold last year.

 

I can see a modest decline in gold price but think support is still above 3000 and resistance to the upside will fall as things go to s##t globally. I could see 4000 in the next few years (or even months). Governments have been buying gold steadily and stealthily for many years and Joe Sixpack is even waking up. I'm with you. Thai gold jewelry is just too easy a target.  I buy regularly from the same shop and he has never ask my name. Gotta love it!

To paraphrase an old hippy truism:

Gold will get you through times of no currency better than currency will get you through times of no gold.

 

My four investment pillars for most of my adult life were metals, cash,real estate, and equities. 

 

Last year I sold all my American real estate and moved the money into cash/metals/equities.

 

I have moved 90% of my cash out of America to several offshore accounts. In short term I think America is too much of a financial risk now.

 

  I own my house here but real estate is not liquid enough for me at age 75.

 

I've done particularly well in equities since I got into oil 30 years ago and held it then got into semiconductors the last few years.

[klauskunkel]

1 hour ago, FlorC said:

Gold has nearly doubled since it's peak from 2011 (1920 $) to 3500 $ peak.

if you go 5 years earlier from 2006 ($600) to now $3500 peak it would be nearly 6 times as much..., I know because I bought at that price before moving to Thailand. 

[Unamerican]

1 hour ago, FlorC said:

90 + G/S ratio

What is this ratio? What are G and S here? 
Thanks! 

[Unamerican]

In the local neighborhood gold store, down at the local mall here, what is the minimum weight of a gold bar one can purchase “over the counter”?

[Cameroni]

19 minutes ago, RocketDog said:

I have moved 90% of my cash out of America to several offshore accounts. In short term I think America is too much of a financial risk now.

 

The US is too much of a financial risk, so you put your money in the Cayman Islands, BVI or Panama? 

 

Are you for real?

[hotsun]

Buy bitcoin when its 100k or buy it when its a million. Holding precious metals is like watching grass grow

[hotsun]

5 hours ago, bkk6060 said:

Silver or Bitcoin.

Why lump silver with bitcoin. Its like telling someone they should invest in yahoo and apple back in the day

[Magictoad]

Well neither really 

[BeastOfBodmin]

5 hours ago, Conan The Barbarian said:

Looking for a Long-Term Investment: Silver or Gold?

Long term gold. Gold averages 7.9% pa return in USD since 1971 (not adjusted for inflation). That beats cash in a time deposit account, especially when you take into account the tax on the interest. USA T-Bills average yield was 5.1% to 7.1% over the same period before taxes.

 

 

Graphic was taken from ttps://www.tradingview.com/chart/omBmWEst/?symbol=TVC%3AGOLD - click on "All" and zoom to 1970. Right-click on the price axis and choose to invert it.

 

There are downloadable data here: https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

[Gobbler]

Gold. 

 

Why didn't you add a poll to this thread?

[RocketDog]

1 hour ago, Cameroni said:

 

The US is too much of a financial risk, so you put your money in the Cayman Islands, BVI or Panama? 

 

Are you for real?

none of the above and none of your business.

thanks for your concern and kind words.

[Dogmatix]

5 hours ago, Conan The Barbarian said:

Looking for a Long-Term Investment: Silver or Gold?

 

I have gold, silver, bitcoin, etherium, mining stocks in precious metals and uranium and general stocks.  Definitely worth having gold and silver in my opinion but diversify.  Then when one asset class is correcting, you will have another one that is pumping. 

 

I made a fair bit of cash in palladium a few years back when it went higher than gold and platinum but it is finished now as its main use is in catalytic converters which are in decline due to electric vehicles. I still own a small amount of platinum which is facing a similar fate on the catalytic converters but has some other use cases.  

 

Silver is half investment metal and half industrial metal with main industrial use case being solar panels.  However, the solar industry keeps finding ways to use less silver in solar cells.  Every now and again silver has a crazy rally.  Now about $32/oz but it has hit $50 twice - in 1979 and aboout 2007, both for a brief moment.  It is overdue for another of these big rallies.   

 

Central banks made record purchases of gold in 2024 and the Bank for International Settlements BIS made allocated physical gold (identifiable gold bars with serial numbers) a tier 1 asset with effect from July 2015.  The only other tier 1 asset that banks can hold to reach their capital adequacy ratios is cash or government bonds.  Much of he gold traded today is paper gold or unallocated physical gold which doesn't actually exist, as it is a just a ledger entry, not a deliverable.  As distrust for the US and the USD grows, so does the demand for deliverable physical gold.  The US claims 6,000 tonnes of gold reserves but probably has much less, as a full audit has not been done since the 50s and some of the gold is probably fake, like the gold plated tungsten ingots found in the Bank of England, or leased out.  China claims to have only 2,000 tonnes but probably has 20,000 and another 20,000 in private hands which could be confiscated, if needed. Unlike the US Comex futures market and the London Bullion Market Association which mainly do either cash settlement or in the case of the LBMA settle with non-existent unallocated ledger entry gold Shanghai Futures Exchange and the Shanghai Gold Exchange allow only physical delivery.  China and other BRICS see gold as a way to reduce their dependency on the dollar but we will have to wait and see how this process unfolds.  It could be a trade currency partly backed by gold. 

 

Given the unsustainable level of US government debt that can only be  effectively reduced as percentage of  GDP by inflation, it seems likely that the dollar will decline over time.

 

There seem to be a number of factors above that support the idea of having some portion of your assets in gold and silver and gold and silver mining stocks.  

[RocketDog]

1 hour ago, klauskunkel said:

if you go 5 years earlier from 2006 ($600) to now $3500 peak it would be nearly 6 times as much..., I know because I bought at that price before moving to Thailand. 

yep, me too.

Color me an happy camper and still stacking.

[Dogmatix]

1 hour ago, Cameroni said:

 

The US is too much of a financial risk, so you put your money in the Cayman Islands, BVI or Panama? 

 

Are you for real?

 

Panama uses the USD and the Caymans have a the Caymans dollar that has been pegged to the USD since 1974.  But you can hold other currencies in those places.  I think he meant that he doesn't want to invest in the US or in the USD though.

[connda]

You obviously don't understand the silver market in Thailand.  Try buying or selling silver bullion here.  Tell us how that works out for you?

[realfunster]

19 minutes ago, Dogmatix said:

There seem to be a number of factors above that support the idea of having some portion of your assets in gold and silver and gold and silver mining stocks.  

 

Agreed. Diversification. I hope the OP is not suggesting going heavy on Gold or Silver.

 

Despite some of the comments above, may I remind everyone that Gold pretty much had a 12 year bear market very recently.

I've taken some profit off the 50%+ since early 2024 and reduced my GLD ETF holding. I own a couple of mining stocks, focused on Gold & Copper.

 

Whatever the underlying fundamentals, the kind of massive short-term run-up seen in Gold usually has a sting in the tail...

[FlorC]

2 hours ago, Unamerican said:

What is this ratio? What are G and S here? 
Thanks! 

Gold/silver ratio

 

Current Spot Price of Gold - Spot Gold Chart (goldprice.org)

 

 

 

 

[FlorC]

2 hours ago, klauskunkel said:

if you go 5 years earlier from 2006 ($600) to now $3500 peak it would be nearly 6 times as much..., I know because I bought at that price before moving to Thailand. 

Good for you .

 

Back then I was heavy in AUD & CAD & NZD bonds with high interest.

When they finally rose heavily against the euro , I took profit and got into gold and silver. No regrets about gold , silver too much regret.

[Zaphod Priest]

50 minutes ago, Dogmatix said:

gold plated tungsten ingots found in the Bank of England

 

Pretty sure that's not true.  The closest I could find was a single bar found at a scrap metal merchant in the UK back in 2012.

 

https://www.businessinsider.com/gold-bar-1-kilo-filled-with-tungsten-found-in-uk-2012-3

[FlorC]

2 hours ago, RocketDog said:

All you said I agree with.

I vault metals in Singapore and Canada. Silver just isn't worth the storage fees and space. If you hold it yourself it's bulky and again takes too much space. 

 

The only money I ever made on silver was the 90% silver American 'junk' silver coins I bought in 1974 when it was $5/oz and sold last year.

 

I can see a modest decline in gold price but think support is still above 3000 and resistance to the upside will fall as things go to s##t globally. I could see 4000 in the next few years (or even months). Governments have been buying gold steadily and stealthily for many years and Joe Sixpack is even waking up. I'm with you. Thai gold jewelry is just too easy a target.  I buy regularly from the same shop and he has never ask my name. Gotta love it!

To paraphrase an old hippy truism:

Gold will get you through times of no currency better than currency will get you through times of no gold.

 

My four investment pillars for most of my adult life were metals, cash,real estate, and equities. 

 

Last year I sold all my American real estate and moved the money into cash/metals/equities.

 

I have moved 90% of my cash out of America to several offshore accounts. In short term I think America is too much of a financial risk now.

 

  I own my house here but real estate is not liquid enough for me at age 75.

 

I've done particularly well in equities since I got into oil 30 years ago and held it then got into semiconductors the last few years.

Yes in Thailand cash is still possible . In most euro countries maximum 1000 to 3000 euro cash for buying PM's. 😒

[ericbj]

Gold for security.  Silver for speculation.  Stocks for investment when the overall market is going up (not wobbling), and also when the market is crashing if you know how and where to place your money.  And take a small punt on bitcoin if you wish; and each time the price doubles, sell half.  Other cryptos very risky.  And do not forget to hold some cash.

 

About ten years ago I put, by value, 50% into gold and 50% into silver, but then sold out of silver because of high storage and insurance costs.  The prices of both p.m.s were going more or less sideways for several years from the time I bought in.  (A bad moment to invest)  Am currently paying almost the same fees for storage of a small value of silver as for twelve times that value of gold.

 

Silver is a tight market, so potentially can soar very high as it has done in the past; usually after a steep rise in gold prices.  It is much in demand by high-tech industries and comes mostly as a by-product from the mining of other metals.  The industrial DEMAND could fall in the event of recession, yet SUPPLY from copper, zinc and lead mines could fall during a recession.

 

Large and unknown quantities of silver are held by poorer Indian families.  In the past when confronted by hard times and a high silver price they dumped much silver on the market, making considerable gains for themselves, but pulling the price down considerably.

 

Normally, the value of investments in "pure-play" p.m. mining companies rise far faster than the rise in the value of the metal itself, since overheads do not rise as fast as the price increase of the metal.  This time has been an exception, possibly because most of the buying has been done by central banks which buy metal but not mining shares.  When western investors catch gold-fever, this situation may change.  But be aware that when gold prices are on a downward trend, mining shares fall much further.

 

When purchasing bullion it is advisable to store only a small amount at home.

 

Do not make the mistake that some Thais made in the past.  They had it stored with the bullion dealer they bought it from.  Some bullion dealers went bankrupt during the Asian economic crisis of 1997, and all the gold was taken by their creditors as it was not "allocated" in the name of the purchaser.

 

Reliable bullion dealers arrange allocated and commonly also "segregated" storage with a specialist bullion vaulting company that has regular independent audits of their holdings.

 

It is also recommended to hold any substantial amount of bullion outside your country of origin or of domicile.  Governments turn maverick in difficult times.