The amount over the spot price that you should pay for gold and silver can vary depending on several factors, including the form of the precious metal you’re purchasing (e.g., bullion bars, coins, or numismatic coins), the current market conditions, and the dealer’s premiums and fees. Here are some general guidelines: In summary, it’s essential […]

Franklin D. Roosevelt’s devaluation of the dollar in relation to gold significantly affected Americans who held gold assets. Here’s how it unfolded: While the devaluation of the dollar through the Gold Reserve Act helped achieve certain economic objectives, it also had significant implications for individuals who held gold assets, effectively reducing the value of their

Liquidating gold and silver can be done through various channels, depending on whether you hold physical bullion or invest in gold and silver through financial instruments like ETFs (Exchange-Traded Funds) or mining stocks. Here are some common methods for liquidating gold and silver: Before selling your gold and silver, it’s essential to research current market

Gold and silver are often considered better than cash for several reasons: However, it’s important to note that holding gold and silver also comes with its own set of considerations, such as storage costs for physical bullion and the potential for price volatility. Additionally, while gold and silver may serve as a hedge against inflation

Gold and silver are often considered stable assets in the sense that they tend to retain value over time and can serve as a store of wealth. However, their prices can still experience significant fluctuations in the short term due to various factors such as economic conditions, geopolitical events, investor sentiment, and changes in supply

Investing in silver can be appealing for several reasons: However, it’s important to note that like any investment, silver also comes with risks. Its price can be volatile, and it may not always perform well compared to other assets. Additionally, storage costs can be a consideration for larger investments in physical silver. As with any

Inflation typically increases gold prices due to its role as a hedge against inflation. Here’s how it works: Overall, gold serves as a hedge against inflation because it tends to retain its value over time, making it an attractive asset for investors seeking to preserve their wealth during periods of economic uncertainty and currency depreciation.

People buy gold for various reasons, and it has been valued throughout history for its intrinsic properties and cultural significance. Here are some common reasons why people buy gold: It’s essential to note that while gold has many attributes that make it an attractive investment, it also comes with risks and considerations. Like any investment,