I'd rather have cash because I can use it to pay for any emergency purchases. If I had it in gold or silver, I would have to sell it to a middle man who won't be paying me $1,000 because he has to make a profit and he'll want to take advantage of my emergency. This can also take weeks to get the money.
At this time in my life, I'd rather have the cash, because I am broke.
If I didn't need money I'd say hold, and hold onto it till the value rose.
Or keep it as emergency back up.
It is a lot easier to make rushed decisions with actual cash in hand.
Gold. even though it's a bit less than an ounce of pure gold. I think its a good investment for the long term.
Cash.
Easier to stuff dollar bills in the G-string of the pole dancers.
They all =
$1,000 in value , so they are all the same in value
$1,000 worth of physical gold? or $1,000 worth of physical silver?