Should I Buy Silver Or Buy Gold?
Whenever it comes to making an investment in precious metals, one of the questions that beginning investors often ask themselves is whether they should buy silver instead of investing the money they have in gold. Should I buy gold or silver? Although both metals have attractive features, adroit investors have often recommended that a beginner in the world of precious metals investors should consider putting his money in gold. This is so because gold appreciates over time more than silver.
The most important thing to consider before you buy silver is the gold to silver ratio
Currently, the gold to silver ratio stands at 74:31. This means that the value of gold is currently 40 times the value of silver. When investing in precious metals, any investor must consider this ratio because it is a determinant of the value of gold. When you consider the current ratio, it suggests that there is a potential for growth in the price of gold more than it is with silver. This current ratio is incredibly high, meaning that gold has room to substantially climb up, given the current trends. Well, the choice is yours: you can decide to buy silver or simply buy gold.
So, as you can see, buying gold is the safest option
But, the question you might ask is: how do I buy this gold? There are many options. You can decide to invest in the most precious 24k gold bars, gold coins, gold ingots, or raw physical gold. In the past decade, many gold investors have been buying this gold from the East African region – Uganda, Kenya, Tanzania, and the Democratic Republic of Congo. From these locations, you can buy gold at appreciably low prices – far below what you will find at the international gold markets. All you have to do is to deal with professional gold traders in the region if you would like to consume gold below the market price. Do not buy silver. Instead, buy high-quality 24K physical gold from the East African region through us.
