Will Gold, Silver and Platinum Hold their Value in the Coming Months and Years?
We are about to enter one of the most uncertain economic periods in modern history – one that many analysts fear could rival the Great Depression.
We don’t like to write about the negatives, we really don’t. But if we want to formulate a strategy for retaining our investments’ value, we need to consider some of the bad things that could just happen in the wake of the current virus crisis:
Four Profitable Projects for Precious Metal Investors Who Are Stuck at Home
Okay, you’re stuck at home during the current Coronavirus shelter-in-place period. Maybe you can’t take part in all your usual activities as someone who invests in silver scrap, gold scrap, platinum scrap and your other favorite investments. Go to an estate sale to look for jewelry, tableware and other items? Forget it, nobody is holding estate sales right now. Go to an antique mall to poke around? Forget it, the doors are locked.
Why “Common Wisdom” about Gold Is Often Not Wisdom at All
For several years now, the most common comment we’ve been hearing about investing in gold has been, “Gold prices are so low… stay away from it as an investment.” That’s the common wisdom. It might be common. But it is wise? Not really.
Why Low Trading Prices Make Bullion a Better Investment Choice
Have you thought of investing in silver, gold, or platinum bars? If you haven’t, maybe you should. Bullion is one of our favorite precious metal investments. Bullion offers important advantages to serious investors, for a lot of very good reasons . . .
Bookmark Our Site to Keep Tabs on Gold Prices
Although we don’t know for certain where gold is headed, we do know one thing, which is that it’s a good idea to keep tabs on trading prices. And here’s an easy way to do it . . . Bookmark our home page and check it often, because we update and post current trading prices from the London Fix every day.
Contrarian Investing – Why Aren’t More People Turning to Gold Right Now?
On Monday, July 20, 2015, the financial markets got a jolt when the trading price of gold in Asia suddenly plummeted to a five-year low. The impact was felt globally. Half the world away in London, the price fell 2% on news of the Asian price drop. One celebrity investment expert, CNBC’s Jim Cramer, got on air only hours later and advised people to buy gold at its low price, as a “hedge against inflation.” That’s traditional wisdom about buying gold and other precious metals – investors should buy and hold as a hedge against inflation. It’s good advice, but it makes us wonder why so few investment experts are recommending buying gold at low prices and then selling it when prices rise.