Tag: precious metals

Major Optimism for Platinum, Silver, and Copper

Major Optimism for Platinum, Silver, and Copper

Attention in the metals markets shifted this week from silver to copper and platinum. While big moves in silver and gold prices may be coming down the road, the monetary metals are currently taking a back seat to electrical and automotive metals. A massive push by the Biden administration to replace gasoline vehicles with electric vehicles is helping to crank up demand for copper. Anything involving electricity involves copper – and lots of it. Electric vehicles and their massive batteries contain an average of 180 pounds of the metal.  That’s six times the copper that’s used in gasoline cars. Even larger quantities of copper are required for EV charging stations […]

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A Year Like No Other for Precious Metals… and Everything Else

| December 31, 2020 | Articles: Freedom
A Year Like No Other for Precious Metals… and Everything Else

Well, it’s been a year like no other in so many ways. “Unprecedented” is an often-overused term. But there truly is no precedent for much of what transpired in public health, politics, the monetary system, the economy, and markets. More than 300,000 Americans reportedly lost their lives while infected with COVID-19.  Less widely publicized was a spike in deaths of despair due to lockdowns and related social ills that drove all too many into depression and drug addiction.  Or the deaths that were caused, or will be caused, by Americans putting off or avoiding doctor’s visits. America’s cities burned while the mainstream media egged on anti-police protests. In their aftermath, […]

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The #1 Question for Beginners in Precious Metals

The #1 Question for Beginners in Precious Metals

More new people may have made their first purchase of physical gold or silver in the past 4 months than in any four-month period in history. This sort of data isn’t reported and tracked. But if our experience as one of the nation’s largest precious metals dealers is representative, we believe that’s the case. We’ve never seen so much retail demand, and a big portion of the buyers are first timers. With the new wave of people entering the market comes a fundamental question lots of them have before they get started: What do I do with the metal after I buy it? Physical gold and silver are useful both as […]

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Precious Metal Funds – an Amazing Investment

Gold and other precious metals have proven to be a hedge against economic meltdown or turmoil and are considered a safety spot during a stock market storm. These types of investments tend to grow in the event that stocks fall short. Gold and Market Meltdown Beside the benefits of having a diverse investment portfolio when you choose to invest in Gold, Gold itself is betting against the dollar because it is a fiat currency without any commodity backing. Meaning, when the value of the dollar declines, the value of Gold tends to shoot up. Gold also has a correlation with the stock market. These two always tend to go in […]

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Precious Metals v. Mining Stocks: What You Need to Know

Precious Metals v. Mining Stocks: What You Need to Know

Most readers of this column own (or plan to own) physical precious metals – gold and silver, perhaps even some platinum or palladium. They may also own mining stocks. But which category is “best”? It’s like asking, “What’s the most efficient exercise?” or “What’s the best fishing lure?” Truth be known, it’s really about what you wish to accomplish! Here is my considered opinion… Precious Metals Offer Insurance First – Profit Second One should strongly consider holding physical precious metals for “investment first, profit potential second.” The primary function of “metals in hand” is to help offset the possible loss of purchasing power that inflation or a changing business/regulatory climate […]

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