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In a world where the state of finances is not always steady and the economy may often find itself on shaky ground, it is important to have strong investments to see us through even if the inevitable happens.

Many say that investing in precious metals—such as gold and silver —are the way to go when looking for investments that would not just pay off, but also provide a steady return.

However, many are skeptical about this, and considering the economic upheavals from recent years, it is hard to blame the skeptics.

But, with a little research, one can come up with several reasons as to why gold and silver, as well as other precious metals, are the ideal investment.

Both have ever growing value.

Gold and silver. according to records that date back all the way to ancient times, are two things that have values that continue to appreciate over time.

This makes gold and silver investments that you can be sure would generate a return on your investment. While risky investments yield large returns, gold and silver are already sure things with the same large returns.

Gold and silver adapt with inflation.

Inflation is the steady rise in prices and affects all goods. Inflation greatly affects the economy of the world so much that it can drive many businesses and households broke.

Investing in gold and silver is ideal because inflation does affect these two metals, but it affects them positively; meaning as the prices of goods and services rise, so do the prices of these metals.

This makes choosing gold and silver over other investments smart, because while prices of other investments crash as they fall into uselessness, precious metals will keep you financially stable even during tough economic times.

The worth of gold and silver are universally recognized.

No other good or product out there has the universal value precious metals like gold and silver have.

You can go to any part of the world and these metals are always valuable and convertible to currency.

While that particular benefit only applies if you actually have gold or silver in your possession, consider the ramifications of investing in this particular set of goods that can betraded the world over.

Coffee is pretty valuable, but it’s not exactly a precious commodity in a lot of countries. This arguably applies to oil. Gold and silver, however, are of value everywhere. It’s like investing in money —only better—because money deflates in value.

You can own your investment.

As alluded to earlier, investing in gold and silver makes it possible for you to physically own your investment.

They can come in several forms, form bullions, to coins and others, but the fact that you can actually possess your investment allows you to keep them safe and makes your investment immune to loss.

Physically having these items also makes it easier for you to sell them or do whatever you want with them, as opposed to other types of investments.

These metals are liquid.

In line with the benefit discussed above, given the value of gold and silver, as well as demand for them, it’s fairly easy to sell these metals. At least, depending on the size of your investment.

Of course it would be harder to move large quantities of these metals, but, trading in gold and silver is relatively easier compared to other investments.

When it comes to gold and silver, there’s always someone out there willing to buy, so anytime you need financing, gold and silver makes for a great emergency fund.

Gold and silver can diversify your investment portfolio.

Diversifying your portfolio is an ideal way of investing and trading. Including gold and silver in your portfolio definitely makes your portfolio more attractive given the low risk nature of these metals.

The high demand for these metals coupled with the ease with which you can sell them makes gold and silver the perfect additions to your investment portfolio.

Without question, gold and silver are investments that definitely pay off. Gold, in particular, has financially shielded many individuals during the recent recession .

So, now that we’ve determined that these metals are indeed a great investment, let’s discuss how exactly you can buy gold.

Bars or coins – Purchasing gold bars and coins can be done through dealers. These dealers often sell them at a premium.

There’s a certain appeal to buying and owning gold bars, not just because they’re worth a lot, but when you look at a stack of gold bars, it’s just hard not to be impressed.

The problem though, is transport and storage. It takes a lot of money to securely move these bars and to store them properly and securely.

Gold stocks – Willing investors can buy stocks from publicly shared companies involved in the mining of gold and gold related enterprises. These work the same way as other stocks.

Gold future – You can purchase gold as a commodity at a specified date and time in the future. This is ideal for companies that require gold as a commodity and ensures that they get their commodity at a future time.

Gold exchange-traded funds (ETFs) – This is considered to be the easiest way to get your hands on some gold. A word of caution though: these ETFs tend to be unexpectedly volatile.

In the olden days, when gold and silver were considered to be primary currency, everyone knew the value of these metals.

Centuries later and here we are: living in the digital age and yet some—if not the most valuable commodity available—still rests upon gold and silver.

The longevity of these precious metals make it perhaps the most proven investment option available. While there are risks, and acquiring these investments aren’t going to be cheap, on a historical, financial, and practical level, gold and silver are definitely worth it.

To answer the question posed: will investing in gold and silver pay off? Most definitely.

About the Author

JepBarroga is a blogger & editorial specialist at a credit card comparison website called MoneyHero. At night, you can find him listening to 80s and 90s music and building rockets in Kerbal Space Program.

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