I don't get the appeal of silver. It costs $100 to get $100 worth of silver. But for that same $100, you could get $100 worth of gold. So why not just buy gold?
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Haven't seen a single compelling reply to this. Some responses along the lines of "you could say the same about $100 worth of apple vs. oranges" but no, those are consumption goods, for monetary preservation. Others say "but silver can go up more" which is circular nonsense.
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Replying to @TheStalwart
Wait, why is this circular nonsense? You invest in A instead of B because you're betting on greater yield from A. It doesn't matter if B has a higher price per ounce.
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Replying to @neontaster
twitter makes my head hurt
4:50 AM - 30 Jul 2020
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