Precious Metals Investments & How to Buy Precious Metals
Post on: 16 Июль, 2015 No Comment
People have been investing in precious metals for hundreds of years. Precious metals such as gold, silver and others can garner significant returns on investment during a recession and balance any investment portfolio. Since the 2008 financial crisis struck the global economy, inflation is on the rise and in order to protect yourself against inflation and earn substantial profits, investment in precious metals is a wise choice.
There are different types of precious metals that you can invest in including gold, platinum, silver and palladium. However, the most popular choice when it comes to investing in precious metals, has always been gold. After gold, investors flock to buy silver, platinum and palladium. Gold is the most popular metal when it comes to investment but of late, silver, platinum and palladium have also seen increasing interest. Precious metals hold their value well because they are used in jewelry as well as in industries of emerging markets such China and India.
Amongst the aforementioned precious metals, gold is a critical metal in the jewelry industry. However, there are other purposes of gold as well. Gold is in high demand in the technology industry, as it is a corrosion resistant, an outstanding electrical conductor, and strong heat shield. On the other hand, platinum is mostly used in medical equipments and computers. Subsequently, silver is used in the jewelry industry as well as other industries such as automotive industries while palladium, which is softer than platinum, is used in water purification, natural gas and oil purification, fuel cells and other industries.
Buying precious metals is beneficial for you for many reasons, including the following.
Demand for precious metals is constant. Since precious metals are used in several different industries, they are always in high demand. The same cant be said for physical stock of any global currency.
Precious metals provide a hedge against inflation. Inflation has been on an increasing trend in economies all across the world. Inflation occurs due to a persistent rise in prices. Central banks across the world have been engaging in money stimulus measures which have resulted in inflation. When inflation rises, money loses its value while other investment options such as stocks also fail to provide stability. However, when inflation rises, the value of precious metals increases. Investing in precious metals can help you provide a hedge against inflation and even gain profits during times when money itself is losing its value.
Precious metals are also the best investment option for individuals because they provide stability and have never been considered volatile. For instance, one of the most important precious metals, gold, has been trending higher for quite some time. See the table below for more information. Gold prices are reaching sky high values and even if they re-trace to lower levels, there is very little chance they fall hard like investments such as stocks.
Investment in precious metals is an excellent way to save money.
Precious metals such as gold and silver are traded across the world. When it comes to precious metals such as gold, silver, platinum and palladium, you can buy gold bullions and trade them anywhere in the world. There are many people who can help you invest in precious metals, none better than a company Ive checked out and vouch for 100%: Regal Assets.
If you are interested in investing in precious metals, youve come to a great resource to learn how to get started. There are different ways of buying precious metals, one that I outline on another page is doing a 401k rollover.
Another way you can do this is to purchase stocks and mutual funds holding shares in different mining companies. However, its important to know the risks of investing in any stock market.
Another way to invest in precious metals is through exchange traded funds known as ETF. The Exchange Traded Funds hold bullions for all of the four metals mentioned above. You can either opt for Gold ETF known as gold SPDR. palladium ETF known as PALL, platinum ETF known as PPLT and silver ETF known as SLV. Additionally, you can also buy antique coins when it comes to investing in precious metals. Gold coins are accepted across the world and are a great way to invest in gold because they are found in their purest form. Some of the most popular gold coins include American Eagle, Canadian Maple Leaf, British Sovereign, South African Krugerrand, Mexican Gold 50 Harmonic and Vienna Philharmonic.
On the other hand, if you want to buy palladium antique coins, you should opt for palladium Canadian Maple Leaf and if your choice of precious metal is platinum, go for American Eagle, Canadian Maple Leaf or Australian Koala. There are also silver coins available and the top silver coins that are traded globally include Canadian Silver Maple Leaf, Austrian Vienna Philharmonic and Silver American Eagle. It is always advisable to buy precious metal coins from trusted sources particularly if you are buying them online to make sure you are not fooled. Precious metal coins make the best investment if purchased in their purest form.
I can recommend a first class company that can help you with all of this.
Lastly, another way of investing in precious metals is to buy bullion bars. Bullion bars are manufactured by few government mints but there are different private companies that also produce such bars. Precious metals are a great way to invest as they allow you to save your wealth and help in protecting you in times such as the ones we are living in currently, where inflation is high and money is losing its value.
Investing in precious metals can be highly rewarding and is a strategy used by extremely wealthy individuals like Alan Thicke, Denis Miller, Laura Ingraham, Jerry Doyle, and many more.
Call Regal Assets today to get a complimentary gold investment kit. I started my own investing in precious metals after getting this exact kit.