Precious Metal Investments for Beginners

The current global economic crisis is increasing the important of precious metals. They’re adequate hard assets with intrinsic value, they’re the best hedges against inflation.

Naturally, it’s good to avoid holding too large amounts of currencies – regardless whether US dollars, euros, Japanese yens, pound sterling or anything else. Fiat currencies are doomed and the masses are turning away from them.

Are your financial assets safe?

Can you face a worsening economic situation? Is your family’s future safe?

If you haven’t planned, then it’s a good idea to start now – educate yourself and invest in precious metals before it’s too late.

Act as fast as possible, otherwise hyperinflation will devalue your savings and turn them into worthless pieces of paper or worthless digital glitches inside the computer system of a bank.

The Minimum That You Should Know…

Gold’s karats reflect its purity. It’s a measure showing us how pure a certain gold object is (meaning: how much gold it contains). 24 karats is pure 100 % gold, while lower figures will mean lower purity (therefore, inferior quality).

Silver, gold, platinum and palladium are the most popular investment metals.

Bullion bars and coins and rounds are the form in which you can buy investment metals.

The investment metals are sold in quantities measured by ounces (oz), grams (g), kilograms (kg).

1 ounce = 31.104 grams.

Prices vary constantly, therefore it is wise to watch them on Kitco.com in order to be up-to-date with the trends.

Merchants will put a certain percentage on top of the spot price (the official price) whenever they sell bullion products.

Educate Yourself

PrimeValues.org provides free precious metals investment advice, coverage of current news and trends. They also give away free downloadable reports. It’s a detailed free online resource for getting educated and being up-to-date with what happens with precious metals.

Closely watch and read the blogs and the books of two renowned economists and investors: Marc Faber and Peter Schiff.

Additionally: watch the YouTube.com videos related to the issue of precious metals (investing in them, prices, but you will even find details about fakes and how to avoid scams). The Safest Way To Leverage The Coming Gold Mania

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