The price of gold is starting to take notice. That shouldn’t be a shock for regular readers. I warned for several months that the yellow metal would break out in December last year. The question…
Ahh, the metals of romance.
Many of us have a small, physical stock of these potential investment products. In fact, many of us pass down our gold and silver collections through generations, convinced it’s the embodiment of the family fortune.
And we may not be too far off with this wishful thinking. There’s certainly a lot going for gold and silver, making their ideal high value quite promising.
Gold Getting Old, or Bold?
Investors have certainly backed off the gold train recently, and for good reason. Its value does not seem to be going anywhere. It’s been at a plateau for longer than any investor likes.
But a bullish rise in gold value could be just around the corner.
And there are many signs that point to this.
And the biggest one is the US dollar.
Due to the increase in sovereign debt, uncontrolled increase in money supply and many nations’ reluctance towards US treasuries, interest rates are continuing to rise — meaning the US dollar is not looking good.
But this instability is making investment into precious metals look better than ever.
Add these rising US interest rates to the prospect of a major war breaking out in the Middle East and a movement towards anti-establishment parties across Europe…
And it’s looking like the perfect time for a safe, precious metal investment.
The Many Means of Silver
Both silver and gold are good for long-term investments to protect the value of your wealth.
Unlike gold however, silver is often used for more than just investment purposes. Silver is an industrial metal and has many hundreds of other uses, which helps to drive up demand.
As a fantastic conductor of electricity, silver is used in many electronic devices. It doesn’t corrode and is ideal for the circuits of household appliances.
It’s also — as anyone with eyes can tell — an amazing reflector, making it perfect for a coating on glass surfaces.
A more innovative usage is its role in the health industry. The compound silver sulfadiazine, for instance, is great for treating burns.
As such, silver is extremely volatile, both materially and economically.
And while this gives it potential for quick and strong returns, it also presents a danger for quick and drastic declines.
Nevertheless, silver can easily absorb the changes of the market, making it suitable for a versatile and steady long-term portfolio.
Gold & Silver Stocks
Precious metals are a unique way to diversify your risk and protect your portfolio over the decades.
For the speculators out there, check out our articles below on gold and silver stocks to find out how they can deliver leveraged gains that rocket your portfolio performance.
With daily updates, if you stick around, you’ll know when your jewellery will be at its most valuable.
Gold hasn’t looked as good an investment in over six years. In my view, you should start investing now…before the bull market rages.
We attended the Mines and Money Asia conference in Hong Kong last week. There was plenty of talk on gold. One of the panel discussions was called: ‘Gold and its role in investment portfolios’. I didn’t really know what to expect. Well, I had an idea… Put it this way: If I was the only … Read More