patrick.net

Graybox says

Your all right smaulgld, you remind me of Hank Hill and his selling of propane and propane accessories... Charcoal just can't match up with propane.

My point is most trading vehicles are superior to gold but as hard assets go, perhaps few better

Most of gold demand is NON investment 70% jewelry and more than half of silver is non investment (industrial)

So it really doesn't make sense to judge them on the same basis as currencies,(crypto or other wise) or stocks and bonds

You can see from these demand charts that most of the demand of silver and gold is for non investment.
The investment value is in the mind the rest is in real world demand.

Peter P says

Value is what people give things.

Silver moves differently mostly because the traders are a different set of people.

Much of the demand for silver is based on need- not perception

smaulgld says

Peter P says

Value is what people give things.

Silver moves differently mostly because the traders are a different set of people.

Much of the demand for silver is based on need- not perception

Let's agree to disagree.

Need is a perception.

Peter P says

smaulgld says

Peter P says

Value is what people give things.

Silver moves differently mostly because the traders are a different set of people.

Much of the demand for silver is based on need- not perception

Let's agree to disagree.

Need is a perception.

Not really you NEED to heat your home so you need oil.
You need electronic devices so you need silver.

Silver an oil are essential needed commodities, gold not so much.
Crypto currencies not at all