Investing in Precious Metals? Make 2019 a Back-to-Basics Year

As year 2018 is now in the past, we are sensing a lot of uncertainty about investing in precious metals. Some of that uneasiness is due to recent events, such as our country’s imposition of higher tariffs on imported goods. Another new development is that AMPEX, a major dealer in bullion, is now allowing investors to pay for their purchases with Bitcoin. We don’t actually know whether that will produce big changes in the trading prices of gold, silver, platinum and palladium – after all, every time you buy any precious metal you are paying for it with some kind of currency, right? But paying for precious metals with Bitcoin is making the news, and causing traditional traders in precious metals to ask, “What does it mean?”

When people are faced with uncertainty about their investments – and that seems to be the case today – one of the smartest things they can do is to drop back and rely on low-risk investment strategies that have worked for them in the past. We see investors adopting that strategy with the stocks they own; instead of sinking money into IPOs and other risky ventures, they return to mutual funds, municipal bonds, and other investment vehicles that they understand, and that have worked for them in the past.

Familiar, Low-Risk Investing in Precious Metals

And what are the most familiar, risk-averse investments you can make in precious metals? Let’s take a closer look . . .

  • Bullion and coins – In general, bullion and coins are solid long-term investments that over time are extremely unlikely to lose value. The only downside is that they generally do not increase in value quickly or dramatically. They are long-term investment vehicles, but that is reassuring today.

  • Collectible watches and jewelry – Investing in antique and collectible jewelry, strictly speaking, is not all about investing in gold or other precious metals. It is about investing in items that will appreciate in value because people want to own or collect them. (The fact that they are made of gold or platinum is actually a secondary factor in establishing their value.) If you study trends in collecting watches and jewelry and buy wisely, you should be able to find investments that will appreciate more quickly than the value of the precious metals they contain.

  • Gold, silver, platinum and palladium scrap – It won’t surprise you to hear that scrap precious metals are our favorite investment vehicle. (After all, we are a precious metals refining company.) But there are other reasons why we are big believers in investing in scrap – reasons that can benefit investors like you. Most important of all, scrap can often return big profits after it is recycled – in a way that bullion and coins simply cannot.

To Learn More about Profiting from Precious Metal Scrap in 2019 . . .

Call our consultants at 800-426-2344 to tell us about your precious metal holdings and to discuss profitable investing strategies in scrap metals and other investment vehicles. Let’s make 2019 a very profitable year in precious metals.

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