Palladium

Today on the blog, we’re featuring the next installment in our series exploring common reasons investors hesitate to break into or expand within the precious metals market.

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.

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.

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.

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.

As Coronavirus (COVID-19) continues to tighten its grip on societies around the globe, it seems that each day brings about a dizzying roster of headlines, ever more concerning forecasts on the outbreak’s impacts on human life, and unfortunately, an uptick in fraudulent schemes.

We have written before about how precious metals and certain types of annuities can help protect retirees against economic shocks like we are seeing today. 

As 2020 progresses, the anticipation of a possible change in the U.S. Presidency will have an increasing effect on precious metals prices.

In October of 2019 we alerted our readers to the possibility of entering a recession here in the United States, sometime in 2020.  This concern has begun to be expressed by American CEO’s that have their finger on the pulse of the business climate both here and around the world.  We thought it would be a good time to revisit this discussion, and update our interpretations of the latest data, and what it all means for precious metals.