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Crystallex International Corporation is a Canadian-based gold company with a successful record of developing and operating gold mines in Venezuela and elsewhere in South America

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Message: gold silver SP

Lamper, I bought both gold and silver some years ago. From my first purchase, gold is up 316%, while silver is up 351%. Both good returns, obviously, but in hindsight I wish I had bought a lot more silver and less gold.

Gold is used mainly for investment and jewellery, with just a smaller amount used for industry and virtually every ounce ever mined is still sitting somewhere accessible on the surface.

Silver, while also used for investment purposes and jewellery, is mainly used in various industrial applications and, for all practical purposes, is 'used up' and is no longer easily accessible.

Based on that, some analysts expect silver to always outperform gold. However, who knows for sure? In the current climate, gold is viewed more and more as a hedge against paper currency's decline and, as an investment over the next few years, may very well outperform silver. I continue to hold both.

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