{"id":154426,"date":"2019-08-30T05:17:42","date_gmt":"2019-08-30T09:17:42","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=154426"},"modified":"2019-08-29T20:18:06","modified_gmt":"2019-08-30T00:18:06","slug":"why-silver-is-better-than-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2019\/08\/why-silver-is-better-than-gold\/","title":{"rendered":"Why Silver Is Better Than Gold"},"content":{"rendered":"<div id=\"inves-1677274361\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 30, 2019<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Money Metals News Service<\/b><\/p>\n<p>While the surging gold price has received most of the spotlight in the market, silver will outperform the king monetary metal over the longer term.\u00a0 Key fundamental factors make silver the more attractive asset and investment to own versus gold when we look closely at the data.<\/p>\n<p>However, that doesn\u2019t mean precious metals investors shouldn\u2019t own gold.\u00a0 Investors need to own both precious metals, but I believe silver will provide better returns than gold in the future.<\/p>\n<p>Now, there is this notion put forth by many precious metals analysts that central banks will be forced, at some point, to back their currencies by gold.\u00a0 Thus, the idea is that gold will reset at a much higher price.<\/p>\n<p>While that is a possibility, backing debt-based currencies with gold will not solve our coming energy crisis.\u00a0 And, let me tell you, it\u2019s an energy predicament that we have no real solution.<\/p>\n<p><strong>You see, it doesn\u2019t really matter if we back fiat money with gold.\u00a0 The REAL ISSUE has always been ENERGY.<\/strong>\u00a0The massive increase in debt and derivatives are a symptom of the Falling EROI (Energy Returned On Investment) of oil.\u00a0 Basically, while gold may solve certain issues in regards to \u201cConfidence\u201d in money, it doesn\u2019t fix our energy problems.<\/p><div id=\"inves-2588504031\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>I touched on this briefly in my newest video,\u00a0Why Silver Is Better Than Gold. However, most of the video explains new charts that show fundamental factors on why silver is a better investment than gold as well as some key price levels for the short term.<\/p>\n<p>&nbsp;<\/p>\n<p><iframe loading=\"lazy\" src=\"\/\/www.youtube.com\/embed\/Xxz7Ppq2Uzs\" width=\"560\" height=\"314\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>One of the more important charts in the video shows the amount of \u201cIdentifiable\u201d physical gold and silver investment stocks.\u00a0 Interestingly, according to the data from the World Gold Council and the World Silver Surveys, there is just about the same amount of physical gold investment as there is silver.<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/dizgpp7sc1t8t.cloudfront.net\/wp-content\/uploads\/2019\/08\/Total-World-Phyiscal-Gold-Silver-Investment-2018-Value.png\" \/><\/p>\n<p><strong>These official sources estimate there are about 2.4 billion ounces of gold and 2.45 billion ounces of silver held in public and private vaults, including central bank holdings<\/strong>.\u00a0 Yes, there is likely a great deal of physical gold and silver held by investors at home or in secret vaults that are not included in those figures.\u00a0 But, these amounts still wouldn\u2019t change the values of these metals all that much.<\/p>\n<p>For example, even if we assume, there might be another 2.5 billion oz of physical silver investment held by investors, that would only increase the value of the total physical silver investment to say, $100 billion.\u00a0 Still, a drop in the bucket compared to the over $465 trillion in Global Real Estate, Bonds and Stocks.<\/p>\n<p>I have included several new fundamental charts in the video on why silver will outperform gold on the longer-term basis.\u00a0 Also, some updated silver price charts show where I believe are the next important levels for silver.<\/p>\n<p>&nbsp;<\/p>\n<hr \/>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/money-metals.png\" width=\"80\" height=\"79\" align=\"left\" \/> The Money Metals News Service provides market news and crisp commentary for investors following the precious metals markets.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Money Metals News Service While the surging gold price has received most of the spotlight in the market, silver will outperform the king monetary metal over the longer term.\u00a0 Key fundamental factors make silver the more attractive asset and investment to own versus gold when we look closely at the data. However, that doesn\u2019t [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-154426","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/154426","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=154426"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/154426\/revisions"}],"predecessor-version":[{"id":154437,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/154426\/revisions\/154437"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=154426"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=154426"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=154426"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}