Four different approaches to measure the price of Silver, if one considers Silver to be a currency.
Silver is widely regarded by the mainstream and financial media as a mere commodity and its true value is often unacknowledged. Silver has been dubbed “The indispensable metal” in virtue of its physical properties and conductivity.
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Six different approaches to measure the price of Gold, if one considers Gold to be a currency.
Gold is regarded by pundits, financial advisors and mainstream commentators as a commodity, and evaluated as such. However, in the humble opinion of Yours Truly, Gold is an asset with intrinsic value, constant marginal utility and no counterparty risk, making it money and not a commodity. And this begs the question, how should we value and trade Gold if we consider it to be a currency?
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