Although no major economy already uses gold or silver as the basis of its currency, investors continue to view these two metals as active stores of value. Silver is more volatile, cheaper and more closely linked to the industrial economy. Gold is more expensive and better for diversifying your overall portfolio. Both silver and gold can function as safe assets, but gold tends to have a better track record over long periods of time.
That said, over shorter periods, the specific dynamics of each market end up being more important for their respective returns. Regardless of the asset you buy, remember that neither asset generates cash flow, so in the long term it would be better for investors to adopt a buy-and-hold approach with a portfolio of profitable and growing stocks. Which ingot coins are better as an investment? While both gold and silver have attractive characteristics, gold is the best investment for the average precious metals investor.
