We’ve put together a list of what our team of Precious Metals Experts sees as some of the most notable coins of the modern era.
In an uncertain world, precious metals investing is an excellent way to maintain relative stability and hedge against losses from constantly fluctuating stocks, bonds, and other highly sensitive markets.
This is not the time to sell, unless it is time for you. That is to say, Gold and Silver have not reached the pinnacle of bubble territory, when it would be a good time for anyone to sell.
In the midst of the current turmoil, it seems inappropriate to speak about rising gold and silver prices as being a good thing. Relatively speaking, they’re not.
At the United States Gold Bureau, we understand that each investor is unique in his or her financial situation.
But why Gold? Why would an individual or government want to hold Gold as a safety net for troubled times? You cannot eat Gold, in the same way you cannot eat currency, nor a stack of Treasury Bills. But Gold can help make sure you can eat later. Or in the case of government, can help ensure you can purchase whatever goods and services your populace may need later.
The long term economic effects of the coronavirus lockdowns could last for months, if not years, and the counter-intuitive occasional brief recoveries in the general equities markets could morph into huge falls in stock prices over many months. If equities look to be potentially in freefall this could well lead to a surge in some precious metals prices once the realization begins to sink in.
While we’ve touched on the industrial uses of gold and silver before on the blog, we wanted to revisit the topic and expand our understanding.
Gold seems to be breaking away from that which has held it back for years - namely, it’s lighter, paper cousin.
With all the uproar in the world of finance, and the unbelievable steps being taken by policy makers to address multiple crises, one financial asset (Gold) is quietly doing it’s job.