It is probably a good idea to buy both gold and silver as a hedge against inflation and a further deterioration of the dollar, as well as to protect one from the small but real possibility of a financial catastrophe. However, if you wanted to buy more of one than the other, which do you think is a better investment? More people seem to talk about gold and its price has gone up more relative to silver. Historically, gold is the only true currency that has survived multiple civilizations. However, the government has outlawed and seized gold before. I do not know if they did the same thing with silver. Silver is much cheaper and easier for the average person to afford. If there was a panic in society and people rushed to buy gold and silver coins, I could see more people trying to get Silver Eagles for $20 than Gold Eagles for $1000. Silver would also be a better currency of exchange to go shopping at the grocery store or Wal-mart if dollars became worthless. In addition, silver has some industrial uses. So, if you think that gold and silver are an important part of a diversified portfolio, which would you buy more of now?