Why Should You Invest in Gold?

Why Should You Invest in Gold?

Link to YouTube Video >>>  https://youtu.be/KtB5KszMdLo

Introduction

In a world of fluctuating financial markets and economic uncertainties, the allure of precious metals like gold and silver remains steadfast. Often called “safe-haven” assets, these metals have transcended time, preserving wealth and safeguarding against inflation and market volatility. This article delves into why investing in gold and silver can be a prudent and strategic addition to your investment portfolio.

Gold and Silver are Private Investments

Most investments in today’s modern world necessitate the assistance of a financial institution or an independent financial consultant. This indicates that to gain access to your investments, you must first contact a third party. The situation has become even more unsettling since some outside financial consultants are attempting to defraud investors out of their riches.

 

Investing in precious metals like gold and silver can help you sidestep this problem to a significant degree. Your private investment matter will stay just that — private when you make use of these precious metals. In addition, you could maintain your privacy because third parties would not be aware of your true value.

It Will Help With Generational Wealth Building

Gold and silver could answer your question if you have been thinking about diverse assets you can leave behind for your offspring and grandchildren. Consider storing gold and silver so they can be passed down to your great-grandchildren and their families. They would be grateful if you did that for them! This is because the value of gold and silver increases over time.

 

When this happens, the few pieces of gold and silver still available on the market fetch three times the price they did when they were more plentiful. In such circumstances, your future generations stand to gain much from the investment you make today. Additionally, the gold and silver might be passed down through families as keepsakes for future generations to utilize to honor you and express their gratitude. Gold and silver that were mined several centuries ago are still in circulation today, and the value of these precious metals has continued to rise up until now.

 

Preservation of Wealth Throughout History

Gold and silver have been recognized as stores of value for centuries. These metals have transcended geopolitical shifts, economic crises, and changing monetary systems throughout human history. Their enduring worth and universal acceptance make them a reliable means of preserving wealth over the long term.

Safe-Haven Status in Uncertain Times

During periods of economic turmoil, gold, and silver tend to shine. Their status as safe-haven assets stems from their ability to retain value even when traditional investments like stocks and bonds experience significant volatility. Investors often flock to precious metals to mitigate risk and protect their portfolios during uncertain times.

Protection Against Inflation

Gold and silver, on the other hand, are not affected by inflation in the same way that other investments, such as stocks and bonds, are. Gold and silver are not susceptible to the uncertainty caused by changes in the value of national currencies, whether upwards or downwards.

 

According to historical research findings, precious metals have earned a well-deserved reputation for their outstanding performance, which has been maintained despite severe economic devastation and depression.

 

In contrast to the vast majority of tangible goods, which often decrease in value over time, the value of gold and silver either increases or stays the same. Additionally, it performs better than most other investments when global problems occur. Amid the current coronavirus pandemic, it has been seen that an increasing number of investors are looking to precious metals for protection against financial risk.

 

Diversification for Portfolio Stability

Diversifying your investment portfolio is a fundamental principle of risk management. Adding gold and silver to your holdings can provide diversification benefits, as their prices often move independently from traditional assets. This means that if stock markets decline, the value of your precious metal investments may hold steady or even appreciate, helping to balance overall portfolio performance.

Limited Supply and Industrial Demand

The scarcity of gold and silver contributes to their value. Unlike fiat currencies that can be printed at will, their physical availability limits the supply of precious metals. Silver also has industrial applications in electronics, solar panels, and medical devices, which can create demand supporting its value.

Global Demand and Liquidity

Gold and silver are globally recognized and accepted forms of currency. They can be easily traded and converted into cash in virtually any country, providing liquidity and flexibility to investors. This universal acceptance makes these metals highly liquid assets that can be swiftly converted into cash when needed.

Portfolio Protection in Geopolitical Uncertainty

Geopolitical tensions and conflicts can have a profound impact on financial markets. During such times, gold and silver’s stability and historical performance make them attractive for portfolio protection. Their value tends to remain resilient even when geopolitical events roil markets.

Long-Term Growth Potential

The long-term growth potential of gold and silver is rooted in their limited supply and enduring appeal. Over time, these metals have tended to appreciate, making them potential generators of wealth accumulation.

Conclusion

You should consider investing in gold and silver for many more reasons. One article can’t do much justice to that. But here is the truth, all these can’t advise you to start investing. My advice? Buy some and stop waiting on the sidelines. You will only understand the benefits if you buy some and start storing it. So, buy a few ounces and start reaping the benefits yourself.  

 

Investing in gold and silver goes beyond pursuing financial gains; it’s a strategic move toward safeguarding your wealth, diversifying your portfolio, and mitigating risks associated with economic uncertainties. These precious metals have stood the test of time as reliable stores of value, safe-haven assets, and inflation hedges. By incorporating gold and silver into your investment strategy, you can tap into their timeless appeal and fortify your financial position for the future.

 

So you have decided to buy silver online.

Great choice. Let’s talk about silver.

Silver is exceptionally popular today. Part of the reason for this is the belief that it’s potential for upside value increase is even greater than the same belief in gold. In fact, there is a very good book on this subject entitled: “ Why Silver Will Outperform Gold by 400% in the coming years”. It’s a very scholarly book and quite convincing. Give it a read if you have the time.

Silver Bullion Prices

Mind you, one need not look as far as that book to find evidence of the common belief that silver has great potential for growth in the near future. All one has to do is go to the web or even Youtube and there are advocates of this thought at every turn.

At Durham Precious Metals we believe that silver is an easy choice because it gives a sense of substance due to its lower cost per ounce than gold.

Silver Bullion

Probably 90% of our business is silver sales so this sentiment is fairly unanimous throughout the public. 10oz bars seem to be the most popular. Generic rounds and Silver Maples seem to be the next most popular and 1oz bars a close 4th place. It is our opinion that 10 oz bars and 1oz rounds are your best value as their premium over spot is very reasonable. However, there is no wrong choice when it comes to our silver product line because we try to concentrate on product lines with low premiums anyway.

Silver has always been a form of money. There are those that will argue that silver has been demonetized but we beg to differ. All one has to do is refer to the (CCRA) definition for 999 bullion. It is deemed by Rev Can to be a “ financial instrument”. Enough said on that subject!

Best Place to Buy Silver

From a utility standpoint, silver has somewhere in the neighbourhood of 60,000 industrial uses including painting the backs of mirrors to create the reflective surface to collecting radiation in solar panels. If nothing else, the lack of an above ground supply of silver ( which is relatively new historically) will keep the demand for this metal strong since for most applications there is no viable substitute.

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Can you imagine the mayhem that would ensue if all the major electronic manufacturers came grinding to a halt due to a silver shortage? It would be catastrophic to the economy. We believe that this fact alone will be a major driver of support for the silver price when the powers that be run out of tricks in their attempt to suppress the price of silver. And yes, we agree that this practice goes on in plain sight and that the regulators turn a blind eye. Let’s hope justice prevails and that the historic silver/gold ratio returns to its traditional level.

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In the meantime…keep stacking!

So you have decided to buy gold online.

Great choice! Let’s talk about gold then, shall we?

Gold is, and always has been, a favorite of collectors of precious metals. Its 6000-year history of sustaining wealth is unprecedented. The yellow metal has launched wars, bought fortunes and has been a form of money throughout that history. It is one of the densest metals and also one of the densest elements on the periodic table. It weighs in at a density of 19.32 grams per cubic centimeter. Water, by contrast, has a density of 1 gram per cubic centimeter.

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Platinum is the densest of the common 4 precious metals at 21.45 grams per cubic centimeter.

People will often ask when gold is the right choice to buy as opposed to other metals such as silver. This is a very common question. There is no easy answer that anyone can give to someone so we always boil it down to practical applications.

Gold Bullion

Consider how much of an investment you are planning to make over-all throughout the course of your precious metals buying.  If you are planning on purchasing, for example, $10,000 worth of metals and then cap your spending then it really doesn’t matter which metals you buy. The volume of the purchase will be relatively small in terms of weight and size. Our main concern and Durham Precious Metals comes down to simple things like , cost of storage, cost of shipping and bulk. We are always trying to help our customers have the best experience as metals collectors.

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For example, if you were to tell us that you are considering selling a piece of real estate and use the proceeds to buy metals then gold would be our suggestion. The reason comes down to volume and weight at this point. Several hundred thousand dollars of silver would be an incredible amount of bulk at this spend level. Hundreds of pounds of silver would be hard to store practically and would be more expensive to store as well. If you are the DIY type it would also be harder to hide than a comparable dollar amount of gold.

Keep in mind that at the time of this writing gold is about 75 times more expensive in dollar terms as the same weight of silver. That equates to 75 times less bulk per dollar spend. This will make it much easier to hide or store if you are looking at large purchase amounts.

Price of Gold?

If you are only considering a small total purchase amount either of the metals is perfectly fine. The one consideration we always emphasize for small purchase amounts really comes down to personal perception. Here is what we mean. Silver is 75 times more bulky per dollar spend. Obviously, it is going to feel a lot more substantial if you buy $5000 worth of silver and have several hundred ounces to admire than only about 3 ounces. It’s a perception thing at this point but perception matters to people since perception can make us feel a particular way about what we spend our money on.

In closing, gold and silver are both great choices and neither is wrong in terms of their value of utility. They have both had a long history as a store of wealth and that isn’t likely to change any time soon.

Buy both with confidence. Buy Gold Online

We often carry pieces that we don’t list on site so feel free to call us for an up-to-date list.

About DPM

When you consider silver value and gold value, the wise choice is to stock up today. At Durham Precious Metals we make it easy and convenient to buy silver and buy gold online.

For those who are serious about investing in gold and silver bullion, DPM is your one-stop store to buy gold and buy silver, whether it be through our website or our retail store.

Many people want to know where to buy gold and do not realize they can avoid the traffic hassle of driving into the city and visit us at DPM located in Oshawa, Ontario. See our Retail Store page for directions. Our customers are delighted with our competitive silver price. We carry mint direct silver bars, silver coins, gold bars and gold coins.

Make Durham Precious Metals your choice for gold and silver bullion.

Consider a Gold IRA as well