According to specialists, the US could be heading towards a recession starting this year. There has been a huge economic crunch post-COVID-19, and global conflicts such as Ukraine and Russia are only adding to the downfall that is predicted in the coming years. As inflation rises, gold remains of interest to investors. If you’re planning on …
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Investing in Gold? Here’s How to Get Started
Why Central Banks Are Buying Gold in Huge Quantities
According to the World Gold Council (WCG) report, there has been a 28% increase in demand for gold. Over the past few months, a significant amount has come from Central banks to manage risk better and promote stability in the economy. Just as you would buy gold coin online from renowned gold and silver investment companies, central …
Why Do People Think Investing in Palladium is a Bad Idea?
When investing in precious metals, investors’ first choices are often gold and silver, followed by platinum, and palladium is one of those rare metals that the majority thinks is not a good investment. Why? Historically, palladium prices have been unpredictable. Prices peaked at over $2,800 per ounce in February 2020 but fell below $1,600 a …
What Resources Can Help in Your Precious Metals Research
If you’re looking for ways to prepare for future uncertainties, a smart solution is to invest in precious metals. They will diversify your portfolio and act as a hedge against inflation since they possess high economic value. Gold, silver, platinum, and palladium are precious metals with opportunities and risks. Before investing in precious metals, it is …
Why Cost Matters when it Comes to Investing in Metals
Investing in precious metals, such as gold and silver, is one of the best ways to secure retirement and build wealth. While there are several benefits of investing in precious metals, the key ones are that it acts as a hedge against inflation and can be beneficial in the long run. There has been significant …
Top Red Flags to Watch Out for in a Metal Exchange Service
The metals market is one of the leading global commodity markets worldwide. It consists of the most demanded precious metal investments, including gold, silver, platinum, and palladium, along with regular metals such as copper, aluminum, steel, and nickel. Metals are traded on several exchanges worldwide through dealers and brokers, which is a risk. While there …
How to Become the Warren Buffet of Precious Metals
The world’s No. 1 in gold mining Barrick Gold flew off Wall Street after “the oracle of Omaha,” Warren Buffett, announced that it had acquired more than half a billion worth of gold company securities in the second quarter of 2022. This was a surprising announcement for the world as Buffett is known to be …
The Stock Market Collapse and How Precious Metals Can Help
In times of economic uncertainty, when investors lose their risk appetite, precious metals become one of their favorite safe haven values. In the financial markets, investments in precious metals tend to hold their value for long periods. Their ability to maintain much of their value in adverse situations makes them a must investment for the …
The Best Ways to Store Your Precious Metals in 2023
Due to the worsening economic conditions, there has been a sharp increase in crime rates across the country. This is bad news for investors who work their whole lives to be able to generate savings and buy valuable items, only to see burglars take off with them. Some people have even gone so far as to take …
Investing in Palladium: A Guide for Beginners in 2023
As investors exit the stock and crypto market, they are exploring new metals to put their money into. One metal on top of a lot of people’s lists is Palladium. The silvery-white and lustrous metal was discovered in the 18th century by Sir William Hyde Wollaston and since then it has become one of the most …
