Robert Kiyosaki, in an article by-lined by him says the following:...
>>>Robert Kiyosaki, in an article by-lined by him says the following:
“For years now, I've said that silver is a better investment than gold.
To quickly summarize, here are a few reasons:
• Silver is consumed and gold is hoarded.
• Silver is a precious metal and is also an industrial metal that is used in electronics, medicine, water purification, and jewelry
• Today stockpiles of gold are increasing while stockpiles of silver are decreasing. (This means there's an abundance of gold and a shortage of silver).
• The gold/silver ratio is historically 14:1. This means that if gold were $14 an ounce then silver would $1 an ounce. Today, the ratio is approximately 50:1. Silver is extremely underpriced. If silver held to the historic 14:1 ratio, with gold at $1,400 an ounce then silver should be $100 an ounce -- not the $30 an ounce it is today.
In my opinion, when you combine the fact that there's a shortage of silver and that it's underpriced, silver is the safest and best investment today but not for long.”
http://finance.yahoo.com/banking-budgeting/article/111838/sell-gold-buy-silver