Quote from: deisik on September 19, 2015, 12:07:41 AM

Quote from: wxa7115 on September 18, 2015, 09:51:26 PM

Quote from: RealBitcoin on September 08, 2015, 02:36:06 PM

Quote from: deisik on September 06, 2015, 09:08:29 AM

Quote from: RealBitcoin on September 06, 2015, 09:04:02 AM

I think if you really categorize precious metals as money, then I think only silver is a real "precious metal" money.

Gold still suffers from lack of divisibility which is a core property of money. Prices are generally relatively too low for gold, so this makes trade very difficult with standardized gold coins or gold cubes.

So for everyday goods standardized silver coins, cubes or rounds are a better physical "money".

Gresham's Law

I`m not saying gold=silver, because it clearly is not equal.

But at current silver/gold rates, you can see that from a healthy 20:1 ratio the ratio now is over 60.

So just from an investment standpoint, if the precious markets kickoff, you could make a bigger ROI with silver, than with gold.

I agree with RealBitcoin, silver has been the money most widely used throughout history among the 2 precious metals, and about the ROI, that is something that I agree as well, one of the reasons for that is that most uses of gold actually preserve gold (examples, jewelry, coinage, etc) while a significant amount of the industrial uses of silver, destroy it. (or make it very difficult to recover)

Silver is bad money while gold is good money. The bad money drives out the good money from circulation. That's why silver had been more widely used than gold through history. People spent silver but saved gold specie...

I'll also mention another thing. Maybe it's psychological?

Once most people who have lots of experience with both PMs, you tend to see that most gradually come to like gold better. They hold onto the gold coin, preferring to spend the silver ones.

If I ever have to spend any of my PMs, I will spend my silver first, no matter what the Au:Ag ratio is.

There seems to be some fairly universal attraction of humankind to gold. Maybe that's from the very ancient past...