Precious metals ALWAYS perform better than any other ability during a recession.
Past performance has shown that precious metals generally hold their value well throughout the economy.
The most popular investments in precious metals to consider during the economic downturn include Gold, Silver and platinum.
Buying physical metals has a number of benefits, some of which you won’t get from almost any type of investment. See if any of these benefits can benefit you. Physical metals are …
Material ownership
How much investment can you hold in your hand? Physical metals cannot be destroyed by fire, water or even the weather (silver requires occasional care). And physical metals are not commodities in that they do not require nutrients, fertilizers or maintenance.
Warehouse value
Many mainstream advisors say stocks are better than gold. But that’s not true. While precious metals are often considered a defensive feature, it shows that you can benefit from them. This is because gold is indirectly correlated with traditional asset classes. When investors become risk-free or unsure of the future of the economy or markets, gold is naturally haunted and therefore may be good if other assets are not. This makes gold an excellent tool for diversifying the investment portfolio.
Cannot get hacked or deleted
How much of your wealth is digital today? If your online world is collapsing, or you even want some isolation from the web, physical metals can give you that.
The Golden Eagle in your hand does not rely on electricity or the Internet … it cannot be hacked or deleted … and it can be exposed to influences outside your cell phone.
It’s Value Holds
This is especially true for gold. You can hold $ 50,000 gold coins in your palm. They take up less space than a stack of dollar bills of the same value. This means that you can physically store gold in a relatively small space.
Be private and confidential
How many features can you say about today’s world? If you want a little privacy or confidentiality, physical metals are one of the few investment properties that can provide this.
No special knowledge is required
If you don’t know how to identify a real diamond, you don’t know the artist Van Gogh or you don’t collect comics, all you have to do is buy some physical metals. You do not need any special skills or training to buy precious metals. Laptops
You can take physical metals literally anywhere in the world. Of course, gold is easier than silver, but if you need money to travel or store metal in another country, you can do so with physical metals. With this form of gold, you can even easily cross borders.
Clinging to physical metals is a great way to maximize the benefits that investing in gold and silver in your portfolio can provide.
The advantage of # 1 ownership of physical metal is that, unlike stocks, bonds or real estate, you immediately have a very portable permanent custodian, not a paper asset.
Advantage # 1 ownership of physical metal
Owning physical metals has many benefits, but these are probably the biggest…
Physical gold and silver have no counter-risk.
Physical metals are not the responsibility of others. If you really like metal, there is no contract on paper that will make you perfect, you don’t need an intermediary to be good. Gold and silver are the only financial assets that are not the responsibilities of other entities at the same time. They do not need the support of any bank or government.
This also means that gold and silver do not go to zero. This has never happened in its more than 3,000-year history. This is a strong feature, especially when talking to former shareholders of companies like Bear Stearns, Enron or Lehman Brothers.
Physical metals cannot fail or break. Bullion never fails and is not subject to promises or commitments.
You can put it this way: if you love it, you have it.
Are you ready to start investing in precious metals?