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Is Silver better than Gold?Would you agree?Why?

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Question added by Arlene Ondez , Registered General Nurse , Home care center(contract of service at First Dental Center Doha)
Date Posted: 2017/03/29
Taimur Raza Khan
by Taimur Raza Khan , Manager Business Development & Finance , Arabian printing Press W.L.L

Silver is approachable and affordable and more secure then GOLD.. . so opportunity of adaptability in general is more for Silver i.e. wider Market scope, more market growth and more demand.

 

i hope you understand, what i want to say...

 

Nadjib RABAHI
by Nadjib RABAHI , Freelancer , My own account

I think it is difficult to make a fair and clear comparison between gold and silver. A comparison based on significant parameters. You can not compare the incomparable. Each metal symbolizes wealth

Gold can be better than Silver in certain points, certain cases, certain situations, certain transactions.

Silver can also be better than gold in certain points, certain cases, certain situations, certain transactions, certain operations.

 

Omar Saad Ibrahem Alhamadani
by Omar Saad Ibrahem Alhamadani , Snr. HR & Finance Officer , Sarri Zawetta Company

Thanks

Silver level needs efforts to make it, Gold level needs efforts to keep it , upon this philosophy i would prefer the silver one!

Regards

Hosni Shaheen
by Hosni Shaheen , Manager Business Development , Global Pharma Consulting Group

Hi Arlene Ondez: First of all I'd like to thank you for your kind invitation, well it depends on the purposes of use: Investment (long, short or mid term), Jewelry, industry (Which application), if for forex also it depends on your capital that you can handle if you lost

Raed Shahhal
by Raed Shahhal , Manager

the amount of gold to silver in the earth is more than 50:1 , but the unstable prices of the gold pushed some companies to benefit from silver more than from gold - this means that the demand on silver today rise up -between 6:1 and 8:1 for the silver

DR MD ANWAR HOSSAIN
by DR MD ANWAR HOSSAIN , Moderator , bayt.com

Silver is very valuable as an industrial metal because it is the most reflective metal, and is a great conductor of heat and electricity.2 Silver is cheaper, per ounce, than gold.

Silver Or Gold: Some Reasons Why Silver Is Best1. Lower price puts silver within reach

 With the current price of gold sitting at about $1, per ounce, the typical middle-class investor can buy no more than a few ounces. For example, let’s say that you have a $, investment portfolio, and want to keep% of it – $5, – in precious metals.

 At best, you’ll be able to buying no more than four ounces of gold, and when you add transaction fees to the purchase, you’d actually be putting out something closer to $6,.

 Now let’s say that the same middle-class investor decides to go with silver instead. With silver currently trading at about $ per ounce, he’d be able to buy ounces of silver for $5,.

 Taking it a step farther, it’s possible that investors who have only $,-$, in their investment portfolio would be unable to buy gold at all. In addition, a position that would only involve two, or three, or four, one-ounce gold coins wouldn’t represent much of the diversification.

 2. Greater profit potential

 At current market prices, gold is now trading at times the price of silver. While that has been the conversion ratio for at least the past years, it’s a radical departure from the historic norm.

 Until, when the US government confiscated gold bullion, the historic ratio of gold to silver was:1. One ounce of silver was equal to one dollar – which is how the silver dollar coin came to be – while the price of gold was fixed at $ per ounce (or more precisely, the value of the US dollar was set at to1 ounce of gold).

 Should an economic or financial calamity cause the value of metals to take off, the current gap between gold and silver could close, causing silver to rise faster than gold.

 For example, let’s say the crisis causes the price of gold to rise from $1, per ounce to $, per ounce – a factor of. Let’s say that silver, at $ per ounce, not only rises in price in concert with gold, but begins to move closer to its historic conversion ratio.

 In such an environment, silver rises to the point where the conversion ratio shrinks to:1. This would cause the price of silver to rise to $ per ounce – or by a factor of nearly times its current price.

 This will mean that an investment in silver would rise by more than twice the price of an equivalent amount of gold purchased before the run-up in price. In this way, silver can have greater profit potential, even though both metals are benefiting from a bull market.

 3. It can be used in barter transactions

 When you are middle-class, you always need to think in terms of survival, if only because you don’t have the kind of investment portfolio that would allow you to ride out a seriously bad economic environment. In this way, your silver holdings can serve as both an investment (preservation of capital asset), and as a survival asset.

 Since the low price of silver will enable you to have a large hoard, you can use some of that to pay for living expenses. That will be much easier and more convenient with $ silver coins than it will be with $1, gold coins.

 You can use silver coins to barter for food, gasoline, car repairs, or any expense were a vendor might accept them. And if the economy is bad enough, you can bet they will.

 By contrast, think about presenting a $1, gold coin for payment of car repair. How would the vendor make change? The high price of gold simply makes it unsuitable as a barter asset in most common situations, and even more so in an economic crisis as the price rises out of all proportion to everything else.

 4. Silver is less likely to be confiscated than gold

 Get into a conversation about gold, and sooner or later the topic will move toward the prospect of government confiscation, simply because it has happened in the past.

 When the administration of Franklin D. Roosevelt implemented the confiscation of gold bullion in, they didn’t confiscate silver. In fact, silver continued to represent money – being the primary metal in dollar coins, half dollars, quarters and dimes – straight through to.

 They even continued to circulate for several years after, until the price of silver got so high that most of it was redeemed at a substantial profit.

 There is no guarantee that a gold confiscation wouldn’t extend to silver the next time around, but it is nonetheless highly unlikely. The reason is simply that the lower value of silver makes it less attractive as a monetary asset to be seized by the government.

 As well, silver coins tend to be more dispersed throughout the population than gold coins, making a confiscation harder to enforce. Also, gold continues to be held as a central bank reserve asset, while no central bank holds silver in the same capacity.

 5. Silver will likely be a better cash substitute than gold

 We talked earlier about the use of silver as a barter asset, but it is also entirely possible that it can become a cash substitute. Should US inflation rise to double digits – the way it did in thes – Americans may become very reluctant to accept dollars as a form of payment. In such an environment, silver can become one of the primary cash substitutes.

 The fact that it has a much lower value per ounce than gold makes it both more transferable and more divisible. Lower price also means that many millions of people will be able to afford to use silver coins as cash, while just a few thousand wealthy people will be able to use gold for cash transactions.

 Silver has a long history as cash, and has often functioned as a cash asset alongside of paper money. And long before paper money was considered cash, the use of silver was both common and normal.

 In this way, silver has a deep history as cash. Silver is sometimes referred to as the poor man’s gold precisely because it is the preferred precious metal of the masses. Gold filled that role for kings, emperors, and the wealthy, but the just plain ordinary folks used silver, and it worked exceedingly well in the role.

Tariq Hussainan
by Tariq Hussainan , Information Technology Consultant , Saudi Ports Authority

From an investment point of view: Sliver is better on the short run, but Gold is better on the long run.

 

From a life experience point of view: Wisdom is better than silver and gold!

Obaid ur Rehman
by Obaid ur Rehman , HR Executive , Al Bahr Al Arabi Marine Engineering Services

Everyone ans everything has its own importance. Kindly do not compare anything to another.

Ashraf E. Mahmoud (PhD)
by Ashraf E. Mahmoud (PhD) , University Lecturer, Freelancer Consultant and Trainer for Int'l Business & Banking TF. , FreeLancer

Thanks for invitation, It depends on why you need the sliver or the gold ? if you need same for saving, gold is much better, but if you need same for fabrication, then sometimes you will prefer silver.

Karym Bentebbal
by Karym Bentebbal , Open for an opportunity to bring onboard a wealth of experience and a positive attitude , Private Company

It reminds me of two major car rental companies: Avis and Hertz! One is silver the other one gold. One tries harder and the other one as well but not for the same reasons. So silver or gold ? It depends on the use and on their position in customers' mind!

Syed Hasin Akhtar
by Syed Hasin Akhtar , Product & Operations Manager , Talabat Al Maktab- Ezorder Office Supplies

It depends on the context... sometimes Silver is better and sometimes Gold... Without a context, Gold is always better because it's costlier...

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