Above, a 2023 American Silver Eagle. Photo by Armand Vaquer. |
"If you can't hold it, you don't own it!"
The above saying among gold (and silver) investors is one I subscribe to.
More people are buying precious metals as a wealth insurance against a meltdown in the economy. There are several ways to buy gold and silver. Numismatic News reviews each of them and they include the pluses and minuses of each method.
They begin with:
More people every day are growing concerned enough about national and global financial and economic conditions that they decide they need to own gold and silver as a form of “wealth insurance.”
However, once that decision is made, the person then has to consider a number of options available where they think of themselves as purchasing precious metals. Among the choices, in my educated but biased opinion, the best option is to get physical.
None of the alternative ways to consider for purchasing gold and silver are free of any negatives. So, let’s look at the pluses and minuses of the various options.
To read more, go here.
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