Is silver more rare than gold?

Question

Is silver more rare than gold?

Answer 1

No.

But silver is used as an industrial metal for medicine and photography, so it is being used up more. As silver is used up this way, it can never be re-extracted again. Gold however, is usually only for wires, and can be reused again.

If you're a silver bug, just know that even though the Silver:Gold ratio is about 50:1 ($ per ounce) the silver production per year is about 20:1 (ounces) so silver is looking like the better investment.

If you're looking to invest, then I suggest you buy gold as an ETF (Google Finance "GLD") or buy coins minted by a government at a reputable store or get a certification. DONT GO ON EBAY TO BUY PRECIOUS METALS!!! Unless you're really sure that the thing they're selling is real.

Answer 2

no

Answer 3

Of course not.  Otherwise why would gold be $950 an ounce, and silver is $17 an ounce?

Answer 4

No, Comparatively Silver is cheaper than GOLD.