The Benefits of Investing in Precious Metals

You have more choices than ever for growing your money as an investor. So much so that the options can feel overwhelming.   While most investors turn to stocks, mutual funds, exchange-traded funds (ETFs), and high-yield savings accounts as their primary drivers of wealth, there’s another option you may not have considered: precious metals.  Why consider investing in precious metals? Here are just a few reasons:  Precious metals are valuable because they’re scarce.  Precious metals often have uses in industrial processes, which helps preserve their value. ... Continue Reading

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What Is the Best Precious Metal to Invest In?

Buying precious metals can be an attractive option for anyone who wants to diversify their investment portfolio. Whether you’re seeking an alternative home for your retirement assets or want to hedge against rising inflation and other economic uncertainties, precious metals can make a lot of sense.  Investors who want to buy precious metals have four main options: gold, silver, platinum, and palladium. While gold is perhaps the most prominent investment metal, the others offer compelling reasons to invest. But how do you know what precious... Continue Reading

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Gold vs. the Dollar: Understanding Their Relationship

As the dollar’s value ebbs and flows compared with other currencies, shrewd investors and those with an eye on monetary policy and exchange rates look for new investment opportunities. For many, that means looking at gold. But knowing how the value of gold and the dollar intersect is vital to avoiding a financial misstep.   Let’s walk through the history of gold as a vehicle for trade and investment and how it plays against the value of the U.S. dollar.  The History of Gold Human civilizations... Continue Reading

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Should You Get a Gold IRA?

You’ve already decided you want physical gold.  Should you go to the local pawn shop to see what they have? Should you visit a coin dealer? Should you order online and have it delivered? Or should you get a Gold IRA? In this guide, we’ll explore owning gold in an individual retirement account (IRA). We’ll explain what a Gold IRA is, how it works, and its pros and cons. Most importantly, we’ll arm you with knowledge to make an informed decision.  Are Gold IRAs worth... Continue Reading

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What Is Bullion?

Is it the big geometric shaped gold bars we’ve seen stacked in a James Bond movie? Is it pirate ship gold fished from a shipwreck at the bottom of the ocean? Gold bullion is physical gold—typically gold bars and coins—with a minimum purity of 99.5% for gold bars and typically no less than 90% purity for gold coins. Investors normally seek gold bullion because of its ability to:  Store value Diversify a portfolio Serve as an inflation hedge Provide a safety net as a safe... Continue Reading

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Is Gold Worth More Than Diamonds?

Gold and diamonds. They’re both valuable and sometimes mentioned together. This begs the question: Is gold worth more than diamonds? And how do they stack up as investment options? This guide will take you on a deep dive into physical asset ownership.  Gold and diamonds exist harmoniously in the finest jewelry, and they can both exist in your portfolio.  Comparing Gold and Diamonds: Which is More Valuable? The first step to determining which is more valuable is to understand what makes gold and diamonds attractive. ... Continue Reading

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Can You Sell Your Gold to a Bank?

Maybe you’ve reached your investment goal. Or perhaps something unexpected popped up and you need quick cash. Whatever the reason, you have physical gold and want to sell it quickly.  Can you sell gold to a bank?  Gold is universal, and banks have money. They must buy gold. Right? Unfortunately, no. With scant few exceptions, you can’t sell gold to a bank. And if you did, it might not be your best option. But don’t lament. Plenty of places buy gold at market price. You... Continue Reading

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How Much Is a Pound of Gold Worth?

You’ve seen pictures of big gold bars stacked high, gleaming in the light.  If you’re like many others, you might have wondered, “How much is a pound of gold worth?” Or even, “What would it be like to own one of those stacks of gold?” For investors in gold, the peace of mind the precious metal provides can be priceless.  We will explore the specific monetary value of gold, including its per-pound value. We will also discuss why adding gold to your portfolio may be... Continue Reading

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How to Buy Gold Bars: Everything You Need To Know

You’ve already decided to buy gold. Now it’s time to research, learn, and decide which gold products will help you reach your ultimate goals.  It’s hard to go wrong with a precious metal that has held value for thousands of years. But some options may fit your investment style better than others.  This guide will help you understand gold bars. We will teach you not only how to buy gold bars but give you an understanding of: What a gold bar is What to consider... Continue Reading

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Silver vs. Platinum: Which Is the Better Investment?

Silver and platinum are alike in many ways.  Similar in appearance, both metals have weaved their way into our everyday lives. You may not realize it, but the properties of silver and platinum make something you use today.  But investing isn’t a popularity contest. You must know the ins, outs, and arounds of silver and platinum to choose the best investment for you. We will look at both metals, what they offer, and their drawbacks.     What Is Silver?  Silver is a shiny, gray-white precious... Continue Reading

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