Tuesday, November 3, 2015

Why Has Buying Gold and Silver Become So Popular?


The best investment is to put your hard earned money into is something that gives you future return and stability rather than the depreciation of the dollar bill. A recent trend spearheaded by fear of another economic crisis is that people are starting to invest in gold and silver in order to preserve their wealth.

The monetary policies of today are constantly expanding the supply of currency by at least 11% per annum. Investing in silver and gold offers you the opportunity to invest in a value that has potential gains in future years, protecting you and your family from the harmful policies of central banking.

Over 95% of the world’s current gold supply is in bullion vaults or in jewelry. The quantity of gold is almost fixed as the supply is growing at such a slow rate and gold owners are holding onto it as tangible wealth.

The restricted supply of gold allows it to be used as a great form of bartering due to its static supply and its relative reliability as compared to the purchasing power of currency. Nothing does the job quite like gold, they say, and this is true because nothing matches the rarity and stability of gold’s above ground supply.

Silver coins and silver bars are the two types of silver being traded, and silver coins in particular are easily tradable. The reason coins are preferred over bars is because coins are government minted and can be broken down into small quantities. Silvers offers unique features that remain key in the industrial and electrical applications due to its high thermal and electrical conductivity.

Investing in gold and silver is sure to give a return and is able to give you stability for when the monetary policies exceed and the dollar amount decreases. The Coin Gallery of Oyster Bay can help you buy and sell your gold and silver and answer any questions you may have!

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