Four Reasons I Prefer Investing in Silver to Gold
by Robert Baillieul
The Motley Fool
With Wall Street and a number of institutional investors like Ray Dalio and billionaire George Soros placing big bets on a recovery in precious metals, now is likely the time for investors to take the plunge. But the key question remains, which precious metal should they choose?
Gold has remained a firm favourite among investors and Mr. Soros has made a massive US$120 million plunge on the world’s largest gold producer Barrick Gold Corp. (TSX: ABX)(NYSE: ABX). However, my preference is to invest in silver and not gold. Not only does it share similar characteristics to gold, including acting as an inflationary hedge, being a well of value in uncertain times and a safe-haven asset, it possesses four unique characteristics which could propel its price skyward.
Source: http://financialsurvivalnetwork.com/2014/08/four-reasons-i-prefer-investing-in-silver-to-gold/?utm_source=rss&utm_medium=rss&utm_campaign=four-reasons-i-prefer-investing-in-silver-to-gold
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