As safe haven assets, gold and silver are always smart investments. They have a historical record of beating inflation and perform well when markets struggle. They always belong in a balanced portfolio, but when markets start overheating and uncertainty increases, it becomes an even better time to buy gold and silver.
How you invest in gold and silver are important. It can determine your level of risk and your ROI. Here are four smart ways you can invest in gold and silver today.
#1 Buy Real Gold and Silver
There are many different types of risk in investing: third-party risk (company mismanagement, bankruptcy, fraud), market risk (losing part of your capital investment), and inflation risk are some of the big ones. Investors who want to avoid these types of risk buy gold and silver bullion. They’re safer than both ETFs and mining stocks.
Real gold and silver bullion is ideal for long-term investors. You can further minimize risks by using an allocated storage solution like Silver Gold Bull, which provides high-security, fully-insured storage.
#2 Buy Gold with Bitcoin
With the headline-grabbing rise (and equally newsworthy falls) of Bitcoin, some new ways to invest in precious metals have emerged. One of them is the ability to buy gold with Bitcoin. As Bitcoin has become more mainstream, it’s become more widely accepted as payment. Many gold dealers are interested in trading Bitcoin and gold, playing the two assets off each other. That means you can buy gold with Bitcoin with a number of gold dealers, escaping the volatility of the cryptocurrency market for safe haven assets like gold and silver.
#3 Two-Way Markets & Trading
Two-way markets are essential for gold investors. You should be able to buy gold from a dealer and sell it when you’re ready to cash in. Whether you need to sell your gold to cover emergency expenses, invest in a new opportunity, or sell at record-high prices, your gold dealer should buy and sell. Trading is also a convenient, low-cost way to change the form of gold you own. You can easily swap gold bars for gold coins or vice versa.
#4 Silver Coins vs. Rounds and Bars
A safe haven asset like gold, silver may have even more untapped potential. Many believe that silver is highly undervalued right now and that a turn away from the stock market and into safe havens could see silver prices rise faster than gold. Silver undervaluation is usually determined by the gold-silver ratio, which is currently around 80, i.e., 80 ounces of silver are equal to 1 ounce of gold. That’s considered very high.
Online silver suppliers like Silver Gold Bull offer an overwhelming amount of silver options including silver coins, silver rounds, and silver bars, not to mention silver collectibles. Investors who want silver bullion want to avoid high-premium silver coins with collectible value, but many silver coins from government mints are high quality and safe, thanks to mints’ advanced anti-counterfeiting measures. Silver bars and silver rounds made by private refineries can also be high quality fine silver and come at lower premiums. As long as it’s fine silver and comes from a reputable source, you’re investing in the right silver bullion.
Use these four investment tips and start buying gold and silver today.
Study In Toronto And Find Work Right Away
