Sure that is a great option. The larger question is really whether or not the prices will continue to climb or fall based on the unfolding events. What would dive the trend in either direction? Options are a good choice for either gold or silver too.
Silver is best for smaller purchases. But it should be gaining in dollar value on gold, as it is getting rarer because of the price being artificially kept down, and because so much is being used industrially and becoming unrecoverable. Tons of silver have disappeared, but most of the gold from thousands of years ago is still above ground and available.
Sure that is a great option. The larger question is really whether or not the prices will continue to climb or fall based on the unfolding events. What would dive the trend in either direction? Options are a good choice for either gold or silver too.
It's better than gold!
Silver is best for smaller purchases. But it should be gaining in dollar value on gold, as it is getting rarer because of the price being artificially kept down, and because so much is being used industrially and becoming unrecoverable. Tons of silver have disappeared, but most of the gold from thousands of years ago is still above ground and available.
The ratio is totally out of whack. It used to be 1:15 - 1:17
March 19, 2020: the ratio was 1:121. Currently 1:72
If your view is only USD -> Gold, you will be missing important information.
The ratio should be closer to 1:12 or 1:10. Silver would appear to be the better choice, especially for those of us with limited dollars to spend.