North India Statesman
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Whenever it comes to safe investment, we Indians first have the same yellow metal name – gold. Whether it is Dhanteras or any other chance, buying gold is our first choice. Think, if a very big ‘guru’ in the investment world, a person who is a magician of the world, tells you that not gold, but it is more prudent to invest in cheaper things? He has clearly stated in an interview that if he has to invest money in gold and silver today, he will choose without thinking. So why is silver, better deal than gold? Big investors like gym Rogers do not talk in the air. There is a very straight and simple reason behind his choice, which you can also understand easily: gold is on your peak, silver is still ‘Sasti’: Understand this like this – gold is being sold around its most expensive price (all -time high) at this time. That is, it has already become very expensive. On the other hand, the price of silver is still below its all-time high-time 50%. Potential for Growth: Now you think yourself, which is already at its highest price, the scope of a lot of bounce is reduced. But the thing that is getting half from its real price, is more likely to grow and give you rough profits. Jim Rogers’s stake is on this mathematics. They believe that silver has a lot more ability to grow compared to gold. So do not sell your gold? Jim Rogers also made it clear that he was not selling his gold. Gold will always be a safe investment. This is to say that if you are thinking of investing a new, today, then instead of gold, putting money in silver can be a more beneficial deal. In the words, where gold, where gold makes your money a ‘safety’, silver can give a great opportunity to ‘make your money’ at this time. This is a advice on which every small and big investor should pay attention.
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