Experienced investors, who diversify among precious metals, regularly buy gold and silver, as silver prices aren’t directly tied to dollar values, the way that gold prices are. Gold prices normally behave inversely to dollar values, since the yellow metal backs the printed currency’s value. During times of economic turbulence, the overprinting of fiat currencies (of which, our dollar is one) historically leads to their devaluation. Subsequently, demand for gold rises, as do gold prices, when dollar values continue to struggle. Wise investors historically have protected their wealth with diversified investments in both gold and silver, and buy gold and silver coins and bars, according to their own, specific, individual financial needs and expectations. Long-term needs are traditionally addressed by purchases of rare coins, like 22 Karat Double Eagle coins, while bullion purchases are normally used for short-term potential profit ventures. Investors can log onto www.Money.org, or www.Kitco.com, for the latest market updates, retail prices, and added research links.
Most investors tend to use gold as their primary precious metal investment, using silver as a hedge against negative factors that could affect gold prices. For example, an investor who was interested in long-term stability may buy gold and silver rare, certified coins like gold Double Eagles, with diversifications in Peace, or Morgan silver Dollars. A subsidiary, short-term investment could include bullion gold and silver buys of 22 Karat American gold Eagles, and Silver Eagle Coins. Investors also buy gold and silver bars with reputable names like Credit Suisse, or PAMP Suisse one and ten-ounce bars, for physical possession, and added financial security. Investors are advised to avoid paying retail prices, by consulting a reputable, large-volume precious metal dealer, for institutional discounts on gold and silver bullion and rare coin.