Like everything else in life, things are good until they’re bad.
Keeping them good when possible is advisable. More advisable, though, is protecting yourself against the perils the times when they inevitably don’t go well.
Such should be the approach when investing in precious metals.
With that in mind, some thoughts to help guide you through your investment:
Remember, It’s A Risk Read the rest of this entry »
As the global economy continues to falter, many are resorting to precious metals investing to diversify portfolios, protect wealth and hedge against possible runaway inflation that many see as an inevitable result of current financial policies of the Federal Reserve. While many flock to gold as the obvious safe haven, silver is an often-overlooked precious metal whose star is on the rise.
The Many Uses for Silver Bolster Precious Metals Investing
While silver has traditionally been prized as an attractive metal for use in jewelry, and minted as coins and held in bullion form, silver’s primary use in today’s economy is industrial. From solar panels to cell phones, new uses are popping up every day that harness the unique properties of this precious metal. Read the rest of this entry »
Because of uncertainties in the financial world, precious metals investing has become more popular. High debt levels are causing banks to print money in the hopes of raising stock levels, but this rise is misleading. It may work for a short time, but the long-term risk to the financial system is greatly increased. Precious metals investing, especially in gold, is an option for some people to maintain their wealth with little risk.
The lack of risk here is perhaps the paramount reason that investors choose to go this route. Low risk with good growth is always preferred to high risk, especially in the face of an unstable stock market.
A Safe Investment Read the rest of this entry »
After all of the economic commotion that took place starting in 2007, many investors are ready to find something that will provide long-term stability. They’ve seen the harm irresponsible national fiscal policies can cause. They’ve seem the turmoil that ineffective management at our financial institutions leads to.
Some, lacking a true understanding of how the global economy works, fear that there will never be a full recovery. Of course, this is a rather foolish postulation. The world will continue as it always has, even if the most dominant economies have changed. This is why savvy investors are paying attention to the precious metals outlook.
What the Global Economy Has to Do with the Precious Metals Outlook
All precious metals are traded on an international level. There is demand for gold in the United States, China, India, Brazil, and Mexico. When someone invests in gold, they aren’t relying on any single economy’s ability to grow their wealth. They’re relying on the economy of the world. Read the rest of this entry »
Many people are suggesting investing in precious metals such as gold, silver, platinum and palladium currently due to instability globally in terms of economies and paper currency.
Typically, precious metals are considered safe ground for retreating investors when times are too difficult. It is more or less common knowledge in the investing world that gold and other precious metals increase in value with the stock markets are struggling or currency is unstable, which has made it somewhat of a go to investment tool in recent years due to ongoing economic instability.
Though many expect that to continue to be the case, this article on investing in precious metals points out an interesting situation that is developing whereby instead of focusing on precious metals as a whole or singling out gold, investors should be giving much more serious consideration to silver. Read the rest of this entry »
There are significant signs that the upcoming precious metals outlook for 2013 will be significantly less volatile than in 2012. Precious metals, including gold, silver, palladium and platinum, had their fair share of volatility last year. With the United States Congress’ recent approach to the potentially “devastating” fiscal cliff and stabilization of economic uncertainty, many commodity markets have finally found themselves on an even keel. This is a result of investors coming to understand that politics do not always necessarily wreak havoc in the marketplace.
Many analysts are now predicting that 2013 precious metals outlook forecast is something that every investor should pay close attention to, before making their purchases or selling off existing investments.
Gold Is on the Rise
The average price of gold during 2012 hovered around $1680 per troy ounce. Experts agree that this precious yellow metal could reach highs of $1775 per troy ounce this year, and slightly more in 2014. If so, this would be one more phenomenal year for gold prices, which have significantly risen steadily and consistently over the last 13 years.
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Any time investors start to weigh new investments, they begin by considering the future market for whatever product they are considering buying into.
In the rare coins and precious metals market, this research is paramount. Before making investments, it is vital to consider the rare coin outlook, which will help inform you as to how successful your investments will prove to be. Coins and metals tend to take years before making significant appreciations, so it makes sense to spend some time analyzing market patterns to invest in materials that make sense for your situation.
Here are some factors to pay attention to when you are analyzing the rare coin outlook.
1. Overall Economic Performance Read the rest of this entry »
By now, it seems that everyone and their brother knows that investing in precious metals such as gold, silver, platinum and palladium is a great way to attempt to get a solid return with a lot of security. The uncertainty in global stock markets, the “Great Recession,” and the sputtering recovery from the recession have kept upward pressure on markets for gold and other metals.
As a result, the average investor has taken notice and jumped in. That’s good for the market in general, but it can make it harder to find a good deal when it begins to push prices even higher. In other words, it is great news if you were already holding big investments in precious metals, but only mediocre news if you were still looking to buy.
How to Capitalize With Rare Coins
The key then is to find a sector of the market that the new influx of investors is not yet familiar with. Some of the more common ways to invest in precious metals include gold bullion, or gold bars, and exchange traded funds that mimic the price of an ounce of gold. While these and their derivative products all have their nuances, they are relatively easy for the layman to understand. On the one hand, you are buying physical gold to hold and sell at a later date. On the other, you are buying a product that functions like a stock and will match the gains or losses of gold, which you can sell at a later date.
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Before starting a coin collection, there are some basic points to consider. As with any investment, you want to be able to predict what will happen as accurately as possible. With rare coins, attention to detail can mean the difference between a profitable investment and a money pit. Rare coins are an incredible opportunity, as long as you take some precautions.
As you seek out your rare coin, keep in mind that its condition is easily one of the most important factors that will be considered when it is time to resell it. Even if you have a very rare coin that is difficult to obtain, most collectors will not be interested if it is scratched and unsightly. Even if a coin is not as rare as far as being obtainable, if you have the absolute best version of it, then that gives it scarcity in its own way. Ideally, you want to own something that nobody else has, which will make the demand that much greater, allowing you to set a higher price tag. Read the rest of this entry »
Many people are buying rare coins for their precious metal content because gold and silver spot prices have remained high the last few years. Others collect rare coins for their heritage and use the hobby as an enjoyable pastime. Still, some collect rare coins with profit taking foremost on their minds, because very rare coins in mint condition can bring in a hefty financial gain from the lucrative coin collector market.
An alluring article appearing on cbsinvestment.com titled “Tips for a Bright Future in Rare Coin Investing” says rare coin investing offers a great return on investment. The article correctly asserts that to be successful in rare coin investing you must also have a basic understanding of the collectible coin market. When money is pumped into the rare coin market it means demand has increased, yet the supply of rare coins is small and finite. Since demand goes up the value of rare coins goes up too, making it a lucrative venture for sellers.
The article also squarely states that rare coins are a good investment during times of financial turmoil and high inflation. This is because most collectible coins were produced with gold and silver and these precious metals have commodity market value and offer investors a viable safe haven against a sour economy. In addition, rare coins not only offer monetary gain, but are like works of art that give collectors years of enjoyment. Read the rest of this entry »
Before you can determine the precious metals outlook for the future, you have to look at two things. First, you need to look at the economy, and then you need to look at supply and demand. The two actually work together to drive prices up.
The Economy’s Impact on Precious Metals
When the economy is good, people play the stock market and invest in things that are backed by cash. However, when the economy goes downhill, investors are more likely to put their money in precious metals.
Precious metals make good investments during bad economic times because they are practically immune to inflation and deflation. That’s because precious metals have an intrinsic value and their demand outweighs their supply.
Supply, Demand and Precious Metals Read the rest of this entry »
Today’s securities marketplace is full of volatility. In fact, most experts predict that this volatility is going to become the new normal. Gone are the days of making fast cash using the stock market. Even the US dollar is losing its value. This volatility is turning more and more investors towards precious metals investing. Precious metals like gold, silver, palladium and platinum are much more stable forms of investments and while they may not produce impressive short-term gains, their value has shown historical gains as the years go by. Investors who may be new to the world of investing in precious metals may want to take a little time to get to know this type of investment scheme before they jump into it. There are some important things to know when it comes to precious metals investing.
Precious Metals Resist Volatile Markets Read the rest of this entry »
Many investors will use an individual retirement account or IRA to invest money to be used for their retirement. IRAs provide tax incentives for people to save for their future. The most common investment vehicles for IRA funds include stocks, bonds, CDs, treasuries and mutual funds. Recently the IRS has allowed precious metals to be included in IRA investment strategies. This is good news for a lot of investors who are worried about the state of the worldwide economy today. Investing in gold and silver and other precious metals makes good financial sense in today’s turbulent economy.
Why Investing in Gold and Silver Makes Sense for IRA Accounts
As long as the precious metal investment is located on paper and a third party administrator actually holds onto the physical assets, an IRA account holder can now add precious metals to their portfolio, regardless of whether they have a traditional IRA account or a ROTH account. The precious metals need to be listed on paper so that the IRS can follow them and determine if any taxes need to be paid on the income they generate for the investor. Read the rest of this entry »
A recent article in MoneyFT.com gives excellent advice about investing in precious metals. Unlike many articles that have made the rounds on financial sites in recent years, this one is devoid of ideology and very sober in its assessment of the potential for investing in precious metals in 2013. Any investment is complex and this article takes that on without flinching.
Will Precious Metals Go Up?
There is some variability of opinion as to whether investing in precious metals is something that’s likely to reap huge profits in 2013. The article on MoneyFT gives a very levelheaded assessment of the potential.
Right now, precious metals are priced very high relative to their historic prices. Gold is hovering in the mid $1,000 per ounce range, which is an excellent price for this metal. The price of the metal is largely because there is still a lack of confidence in the markets. Read the rest of this entry »
When people think about precious metals and investing in gold and silver they normally think about how the markets are slow and relatively safe. While this is true, it does not necessarily mean that the investments can’t be used for growth and this article about investing in gold and silverexplains in greater detail why it is beneficial to try these types of investments.
A Gold Investment
Most people would agree that gold is a good investment. It is very difficult to find, it has held its value well over the years and it is accepted as a form of currency nearly everywhere. It is a great way to maintain monetary value in tough times when the economy is not stable, and it will balance out all of those other risk investments as well. Read the rest of this entry »