GOLD: People who buy gold bars or buy gold coins often do so to reduce their portfolio’s overall risk due by protecting against dollar devaluation, failing financial institutions, geopolitical unrest, and our current economy. To buy gold is the ultimate safeguard against inflation as the value of the U.S. Dollar declines. Gold entices investors acting as a store of value and a safe haven in times of crisis.
SILVER: Typically when investors buy silver bars or buy silver coins it is for industrial purposes although it also acts as a store of value. It carries many antibacterial agents that support many industries thus making it the perfect time to buy silver, in a time where there is no other metal like it.
PLATINUM and PALLADIUM: The auto industry, jewelry trade, and chemical, electrical, medical and glass manufacturing industries are typically the ones to buy platinum and buy palladium as they use it in products more so than as an investment like gold or silver.
When ready to buy gold, buy silver, buy platinum or buy palladium it is best to consult with an experienced advisor to help you find out how to leverage your precious metals and learn how this investment can work best for you. To find out more about Spyker Consulting and what they can do for you, visit www.spykermetals.com.