Above, an 1883-O Morgan Dollar. Photo by Armand Vaquer. |
Interested in protecting your wealth from the ravages of inflation? One way of doing so is by buying precious metals, specifically, gold and silver.
CBS News has posted an article on where to buy gold and silver along with the different ways of investing in them with the benefits and possible pitfalls of each.
They begin it with:
It's always a good time to assess your investments and make sure they fit your goals and timeline. But with inflation high and a recession looming, you may want to think about making some adjustments today — or even explore new investment avenues altogether.
One route that many consumers are considering through the current economy is precious metals — silver and gold, in particular. These are often considered smart hedges against inflation and can help protect your wealth by maintaining stability during times of economic turmoil. If you think gold or silver could be worth adding to your portfolio, there are a few different ways you can buy in and start benefiting today.
I find it interesting that they are saying "recession looming", especially from a mainstream media source.
To read more, go here.
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