Welcome to the Silver versus Gold - Spot Price and Value Blog. The debate between the two is an ever changing dynamic due to the constant fluctuation of the Silver to Gold Ratio. Investing in silver and gold has become popular in recent years and is destined to become even more so due to lack of confidence in the U.S. dollar. It seems that whenever you put on the television or listen to the radio, you hear an advertisement for buying gold. For most people that are potentially interested in investing in precious metals, the information that you are constantly bombarded with can be a bit confusing. What should I invest in? Who should I buy from? and How much will it cost?; are just a few questions that come to mind. The purpose of my blog is to help the average joe on the street gain some basic knowledge on how to buy gold and silver.
I have been investing in precious metals, particularly silver for the last three years. I would actually consider myself an investor/collector because my interest in the coins and bars I've purchased exceed just their intrinsic value. When I first started, I made several mistakes that acutally caused me to loose money on my initial investment. Fortunately, I was purchasing silver when it was still around eleven dollars an ounce, (or per one dollar coin plus commision) and have since made over double my money back as of early 2011. With the price of silver hovering around thirty dollars and ounce, many investors are apt to pause after such a steep increase in value over a short period of time. I myself believe that the price of silver is at a crossroads and the direction as to where it is heading will depend upon our leaders in government. It is still advisable to have gold or silver in your investment portfolio to protect yourself from any unexpected events. You could do a lot worse than having some Silver American Eagles