Have you done all you can to prepare for your retirement? Will you and your family be able to use your assets for any emergencies that come up? Is your portfolio protected from large swings in the market? If you don’t have gold and silver in your portfolio, you can’t answer yes to these questions with certainty. Since the advent of the stock market in its present form, there have been periods of great prosperity and periods of great loss and instability. Two stable assets that resist the usual boom and bust cycle are gold and silver. By having gold and silver in your portfolio, you can have a more constant and reliable form of investing that will sustain you through the ups and downs of the market. In any economy, gold and silver are a smart way to hedge your bets, but especially in the economic climate that has been prevalent the last few years.
Other types of investments and assets have no inherent value, in other words, stock in a tech company is only valuable as long as the company is viable. If the company folds, as many tech companies in the early part of this century did, investors lose their investment. With gold and silver, an inherent value exists. There are many varied and sundry uses for gold and silver that are independent of their “value”. Uses in electronics, medical fields, and research keep gold and silver among the top stable investments you can choose.
Since many governments and large companies buy large quantities of gold and silver to use in their products and to support their economies, buying gold and silver is sometimes a tricky proposition. To make sure you are getting the best in gold and silver, contact Mike Mitchell to get started today!