Gold and silver and other precious metals like platinum and palladium provide valuable security in times of financial turmoil. Despite price fluctuations, physical precious metals pose no credit risk and retain an intrinsically high economic value even when the stock market crashes.
What are the costs of precious metals investing, and what associated expenses are involved in a precious metals portfolio?
Typical Cost of Precious Metal Investment
The first and most apparent price tag of investing in precious metals is the price of physical precious metals. Each precious metal has unique risks and benefits, which you should remember when making investment decisions.
Gold
Gold has always been a prevalent, safe investment to hedge against economic collapse and crashing stock markets. Physical gold ownership can provide investors with a solid,
valuable commodity when the fiat money supply loses value and global markets crumble.
