Obviously they are both grand stores of wealth and are strongly resistant to monetary nonsense of the sort being played by The Ben Bernack, but which one is "better"? My money (literally) is on silver.
At the current price differential silver is far easier to aquire on a limited budget, and it is more in line with retail consumer prices than gold. Think about it for a moment; the world goes to heck in a handbasket and gold goes to $10,000 an ounce, silver rockets to $2,000 an ounce and gas costs $150.00 a gallon. $10,000 buys a lot of gas, unless there is some way of making change you will one heck of a fuel tank.
Silver comes in coins (recognizable coins of known values, i.e. US 90% silver coins etc) that are in useable denominations. Even at todays prices what are you going to buy at the grocery store for $1400.00? What are you going to accept as change? As a currency unit the gold coins would end up being absurdly tiny.
I am stocking up on Eagles, half-dollars, quarters and dimes (all silver of course).
Heck, with the current price of copper, even the lowly penny demands new respect.
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