Wednesday, February 15, 2006

Argentum et Aurum

Gary North comments on whether silver or gold is a better investment.

Me? I do both, although my gold outnumbers my silver by 4 to 1 (in dollar terms).

But Mr. North makes one important point, that silver has more industrial uses than gold and so is more vulnerable to alterations in demand, particularly more vulnerable to loss of value during a recession.

That is all.

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