The silver spot price recently took a dive from over $17 per ounce to sub-$16 levels, but this dip hasn’t deterred investors from considering the white metal. On the contrary, many investors are now wondering if silver is a better investment than gold.

Gold ran up to $1226 in December of 2009, and many investors had to cross the yellow metal off the wish list because the per-ounce price was too expensive for them, and buying portions of ounces sometimes means heaping on tremendous premiums that get passed from the manufacturer to the distributor to the dealer and finally to the consumer. While silver isn’t as closely tied to the US dollar as gold is, the “poor man’s gold” does tend to move in the opposite direction of the dollar index the majority of the time.

However, storing silver can sometimes be a hassle, because you need about 70 times the space to store silver as you do for gold. There is also the problem that, in a national financial emergency, some vendors may be unwilling to accept silver and may only accept gold as a form of payment. This is all speculation, of course, since the situation that our nation is now facing is brand new to anyone who didn’t live through the Great Depression.

Silver is somewhat more speculative than gold because silver’s industrial uses are more volatile, so security seekers are encouraged to do their utmost to invest in gold instead of silver if they have to choose. Diversification is always important, and some experts recommend up to a 70/30 split between gold and silver. To see if you should invest in silver or gold or possibly both, contact GoldSilver.org directly and our trained specialists can help you to evaluate your portfolio.