There are many
options available to those who want to invest in precious metals. The gold and
silver investment strategy that some of the best investors in the world apply
to their own portfolios is now available to the average investor.
- Find a stable
precious metals ETF and use it in a diversified, long term strategy.
- Invest in gold and
silver bullion.
- Invest in gold and
silver products.
Even if you do not
want to do the research to invest in gold or silver bullion, you can still
invest in gold and silver products very easily. Much of the world's most
valuable jewelry is made from gold and silver and still contains a high percentage
of the precious metals in the product. There are all kinds of investment
artwork, cars and other precious metal featured products that can be invested
in.
What are precious
metals?
These are metals that
include gold, silver, platinum as well as palladium that are majorly used as
units of trade. People buy these metals for economic purposes and values.
Precious metals investment for beginners As a beginner in this
sector, it is important to note that gold is the most valued of the precious
metals.
The color of gold is bright yellow, and the metal often gets used in
jewelry. Gold is a rare precious metal and hence has very few industrial uses. Silver is another
precious metal that a beginner should know. It is in most cases paired with
gold investments. It also has a high thermal conductivity of any metal. Why
should a beginner invest in Precious Metals?
Gold, silver, and
different valuable metals are unique in relation to different investments.
Advantage of investing in gold and silver As research has
proven, those who venture in the business of gold are the richest people.
The four asset
classes in a Permanent Portfolio include stocks, bonds, cash and gold. Gold can
be a volatile asset in isolation but when its combined with the other asset
classes, it has actually helped reduce the volatility of the overall portfolio.
Gold is our hedge against inflation and an uncertain world. Gold prices react
strongly to inflationary pressures, currency devaluations or political
upheavals. We only use gold bullion in the Permanent Portfolio not gold mining
stocks, other derivatives or commodities.
Holding physical gold offshore in a
vault and insured is the best way to invest in and hold gold. Gold is the only
hard asset that you can include in the portfolio, the rest are just paper
assets.
iShares Gold Trust (IAU)
Central Gold Trust
(GTU)
SPDR Gold Trust (GLD)
1.The gold business
is highly competitive, making it imperative to find trustworthy buyers.
2. Do
not sell gold through mail or social gathering organized for this purpose, or
road shows that are keen to buy gold and antique coins.
3. Find out the
prevailing market price of gold.
4. Be reasonable: You should realize that no
buyer can buy your items at the melt price of gold. Local buyers of gold
frequently sell the items procured from their clients to refiners and keep a
cut for themselves. Get your items weighed and assess the karat value of
different items. Karat is a measure of the purity of gold; the bigger the carat
value, the bigger will be the price of gold. Are you wondering where to sell
gold and get a great price?
