Description
Introducing … Investing In Precious Metals …
File : Personal Use Rights
Brief Note :
Precious metals earn their precious description because they are rare and in finite supply. There is only so much gold or silver.
Harvesting silver,gold, palladium and other precious metals is a very expensive endeavor.
This is one of the reasons that precious metals are expensive when compared to other naturally occurring metals which are in greater supply, are easier to harvest, and are not deemed to be as valuable because of supply and demand.
Unlike company stock or government-backed currency, there is a limited amount of each precious metal. This is what has made these metals such a great investment over time.
If you purchase company stock, that company may at any time begin buying back its shares. This usually drives up the stock price, because there are fewer shares available to the public. The company may do the opposite, and issue more shares. This can drive the share price down.
In both of those situations, you have no control over the amount of stock which will be available to investors from one day to the next.
The same is true with government-backed currency. Every time your government issues more currency, the value of the money you hold drops. This brings to light one principal factor which drives the price of precious metals they are in rare supply, and there is a finite amount of them.
If you are new to the world of precious metal investing, this guide was made specifically for you. In it you will learn why you may want to consider adding precious metals to your investment portfolio, as well as how much of your investment capital you should spend. You will get to know the most common precious metals for investing, and a few facts about each of them.
This ebook has more details …
