Post
Topic
Board Beginners & Help
Re: Will Litecoin pass 10$ by the end of June?
by
ranlo
on 13/06/2013, 15:24:34 UTC
but silver does follow gold price in the "great contours" - when gold dips 20% silver will also do a dive. PM markets are very complex.

Are you sure about that? I don't follow the markets but I was under the impression that they were all mutually exclusive: gold, silver, diamond, platinum, etc. Going to have to look into this for personal knowledge now, lol.


I've followed gold and silver prices for the last 10 years, and I sold silver for 2 of those years. While the price of one may make a small change independent of the other, the large swings are almost always experienced by both.

Thanks for the clarification!

Would that also mean that as an investor, it isn't really relevant which one you go with? Based on what you're saying it seems like gold is the higher investment and silver would be for smaller investors?