Why invest in silver and gold? What's in that?

Published December 14th, 2011 - 05:49 GMT
Although investing in gold and silver is not yet mainstream, investing in gold and silver has become the safe haven for many investors who fear that the value of currencies will become useless in the coming years!
Although investing in gold and silver is not yet mainstream, investing in gold and silver has become the safe haven for many investors who fear that the value of currencies will become useless in the coming years!

When it comes to investing sometimes you need to move out of your comfort zone and find better ways to preserve your wealth in the opportunities that are presented in the world.

Relying mainly on the government and some banks has cost a lot of people their money and wealth! Instead of complaining about how bad the economy is or how bad bank institutions are why don't you invest your time in finding new ways to build and create wealth from the opportunities the world is offering. Investing in gold and silver for financial survival has become a necessity as the entire world now is undergoing financial instability. Making matters worse most nations across the world are in the midst of a spectacle of deficit spending like the world has never seen.

Although investing in gold and silver is not yet mainstream, investing in gold and silver has become the safe haven for many investors who fear that the value of currencies will become useless in the coming years! Sadly the history of fiat money is that politicians print it until it is worthless. So the people who have chosen to invest in gold and silver have taken steps that have proven to be right for six thousand years. Gold and silver have stood the test of time paper money has not. In precious metals bull markets investing in silver instead of investing in gold provides greater percentage gains because silver outperforms gold in precious metals bull markets. In short in rising precious metals markets silver turns in greater percentage gains than gold.

Adding to the appeal of silver to investors is the huge and growing industrial demand for silver which means that investing in silver could be profitable for years to come. But the primary reason investing in silver instead of gold results in greater profits is that silver is "the poor man s gold." When the masses come to this market they will buy silver and in the aggregate the masses have more money than the wealthy. Investing in gold or silver coins can be an exciting and profitable adventure. Gold and silver coins make a valuable and unique investment.Making investments in today s economy is both crucial and difficult. Understanding and weighing the risks of different types of investment companies can be remarkably difficult and knowing just what investment would be the best for your particular goals is certainly frustrating especially for new investors. These coins are an excellent investment and solid gold and silver is well known for its security and its ability to retain value in even the most unique economic circumstances. Gold and silver coins can be sold by anyone. Dealers are not regulated and there are no licensing requirements. So it s "buyer beware" all the way. Gold and silver coin prices aren t standardized.

This means it s not uncommon for inexperienced investors to overpay. It is up to you to make sure the price you pay is competitive. When buying always insist on undamaged/unmarked coins. Gold bullion coins with edge nicks and heavy bagmarks or gouges are worth less when dealers buy them back. Finally find out if the dealer has an exchange policy that guarantees satisfaction. In other words if you re unhappy with the condition of the coins you receive can you exchange them? You may want to call the dealer and clarify exactly how the exchange policy works and find out if there are any exceptions or limitations. Because gold is valuable and not easily traceable there is great incentive for theft and fraud.

You must be on your guard. Remember sellers of gold bullion aren t licensed or regulated. It s up to you to perform due diligence to make sure you re dealing with a reputable firm. Never buy coins from a dealer that doesn t have a strong and long reputation.

Natallie Zimbudzana


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