Which is more valuable: gold or silver?
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M$5 Answers
But if your metric is how easily it can be traded for things, silver may be more valuable since you can have an easier time using it for barter for everyday items. It really just depends on your metrics.
http://www.providentmetals.com/silver-bullion.html
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You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$You can leave an optional "tip" with Mahalo's virtual currency, Mahalo Dollars. If you are asking a difficult question that might require some research, or if you'd like a wide variety of feedback, a higher tip often leads to more answers to your question.
M$However since those days, gold has always been considered to be more valuable than gold.
There are opinions that this may not always be the case though. A website I looked at robertmathena.multiply.com sites evidence that silver is being rapidly used up and that future scarcity will send the price rocketing. This is an excerpt from a very interesting article, there are some fascinating facts about silver and its uses, which are far more numerous than those of gold;
"Although gold is worth a lot more than silver presently, will it always be so? Interestingly, gold sells for roughly fifty times more than silver, on average, but in the long term, silver will be a great deal more priceless than gold. Why is this so? This is because the global need for silver is higher than the need for gold. Gold is mainly used in jewelry and accessories, and even just one ounce of silver has plenty of value to numerous advancing industries.
Over the past 50 years, silver has been used up by the industrial markets despite its cost. The US governing administration even traded off 5 billion oz. of it! All that silver has been used and will never, ever be acquirable again. Furthermore, is that all of the accounted for, unused silver is at the moment is kept in storage in various warehouses all across the globe. Unless a bunch more is found soon, it'll be gone forever in the future. This is what occurs when the need for a mineral surpasses the actual supply.
At this moment, the worldwide inventories of silver are very low. Mining can help somewhat, but not nearly enough. What is it about this metal that makes it used up so often? Because, simply put, silver is the best conductor of electricity in the world. Electronics always requires silver in order to work: mobile phones, computers, monitors, satellites, advanced weaponry, lasers, etcetera. "
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