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Which one is more practical to you? I lean on Silver because its easier to divy up into smaller daily units. For example buying bread with silver, is easier than givein out a 1/16th of 1/16th of an oz in gold or something. Thoughts?

Which one is more practical to you? I lean on Silver because its easier to divy up into smaller daily units. For example buying bread with silver, is easier than givein out a 1/16th of 1/16th of an oz in gold or something. Thoughts?

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[–] 0 pt

From the article:

Silver is 17.5 times more abundant in the Earth's crust than gold. But the amount of above-ground gold available far exceeds that of silver.

By "above ground" the author of the article apparently means, stacked in a pile in some vault somewhere. Silver is far more abundant than gold -- it just hasn't been stockpiled in vaults to the same degree.

[–] 0 pt

From the mining aspect this may also be true, however the regulation of these metals could be key. There is more gold than there is silver being mined.