Buying Gold And Silver Will Help You Brave Financial Uncertainty
Everyone knows the economic environment can produce big returns on investments that can potentially be life changing. Companies such as Apple are once in a lifetime investments that produce gains that are many times the initial investment; however, these are very rare finds. It is more common for people see a mix of gain and loss over time as theyinvest in the stock market. However, with today’s economic uncertainty, many people are reporting more losses than they have seen in the past. Take, for example, what happened to BP with the Deepwater Horizon incident. BP was considered one of the safest investments on the market; in fact, it was considered so safe that it was in the investment portfolio of just about every citizen in the United Kingdom. But even BP wasn’t immune to the vicissitudes of the economy. When their oil rig in the middle of the ocean suffered a catastrophic accident, the value of the stock plummeted and millions of people lost large amounts of money.
Unfortunately, the economy continues to struggle even today. This is why it is important to have a unique investment strategy that is able to withstand the fluctuations in the market. Experts at wealth companies such as Toronto’s Guildhall Wealth Management inform us that it is now the time to invest in precious metals such as gold and silver, and for good reason. Throughout history, there has always been a massive demand for these metals — as they are synonymous with wealth and investment, seeing as until the 19th century they were still being used as currency. In addition, gold behaves inversely when compared to more traditional stocks and mutual funds. This means when these investments drop, as was the case back in 2008, the value of gold goes up. This is a fantastic way to make money when the economy is struggling. Gold carried the portfolios of many people through these tough economic times.
If you are curious about this financial secret, visit Guildhallwealth.com to learn why many economistsare quick to point out that that silver is undervalued and now is the time to strike while the iron is hot. The fact that silver is very affordable right now — and has the chance to rise in value correspondingly — means that large countries are padding their own portfolios and coffers with silver bullion. Silver, like gold, can never lose its value because it will always be in industrial demand. While other stocks represent abstract value, gold and silver can never drop to a value of zero because it is an intrinsic, physical materialand will always be of value to investors worldwide. It is worth noting that gold and silver and great investments during times of international strife. The activities of Iran and North Korea only make the economy more unstable. This has pushed the international community (including many national banks) to acquire as much gold and silver as they can.For these reasons, gold and silver make wonderful inflation hedges, which is why you should be investing today.