In case you're interested in expanding your portfolio to protect your assets, then the most efficient method of reaching your goal is to purchase physical gold or silver. The physical forms of these precious metals available for investors include bars, coins, and rounds.
Historically, precious metals have always performed well during economic uncertainty. Irrespective of whether it is gold, silver, platinum or palladium, all Precious Metals have intrinsic values, they carry no credit risk and are not subject to inflation. Therefore, precious metals constitute as one of your best options against financial or political upheavals.
While entrepreneurs have numerous options at their disposal, the simplest way to invest in precious metals is to buy bullion. Bullion can be bought as bars or coins, the advantage of the latter being that it's easier to store and sell. On the other hand, if you're interested in acquiring a sizeable amount of gold or silver, then purchasing bullion bars is more practical overall.
Regardless of whether you want to gain a substantial return from the start or you're making gradual investments to create a safe haven, everyone has plenty to gain from investing in silver. Not only is silver more affordable than other precious metals – particularly gold and platinum – but according to analysts, the stockpiles will reach the equivalent of gold resources in the near future.
Due to its scarcity and because its value doesn't move in line with other assets, gold constitutes as one of the best options for diversifying your portfolio. By far the most popular choice of precious metals, investing in gold is a surefire way to preserve your wealth, which you can pass from one generation to the next.
While some analysts advise consumers to trade in all their assets for gold and silver, others advocate buying none of these commodities. Considering the harsh economic times and the huge market spikes of today, it would be unwise to adhere to the latter opinion.
Gold is a metal found in nature that requires mining for extracting it from earth. As per latest data from 2015, there are 186,700 tons of gold in existence above ground. The population consumes gold 50% in jewelry, 40% in investment and 10% in industry. Gold has being present in recorded history as a precious metal in most cultures.
900, 925, 999, 9999 - most people probably wonder what these numbers mean and what they stand for. The really short answer is Silver purity. Need a full answer?
The paper metal products have become a hot topic nowadays and most of the discussion about it focuses on its advantages and disadvantages in comparison with physical metals. Also, the topic is surrounded by short names and abbreviations which make it challenging to understand all the fuss about it.