With the uncertainty of the global economy more and more investors are turning to precious metals and gemstones to secure their assets. In a financial crisis those items of tangible wealth such as diamonds will hold their value, even if the dollar and other currencies drop in worth due to hyperinflation. During the great depression laborers were paid with tangible commodities such as 90% silver dollars, and even as far back as the Roman era soldiers were paid in salt because it was a necessity considered much more valuable than currency. Regardless of your intentions with precious metals or gemstones, investing in a tangible commodity at this time of economic instability is a wise investment that can be enjoyed for generations to come.
According to recent statistics, the prices of silver and gold have gone up exponentially over the last few months alone. Investors are streamlining their assets into precious metals such as gold, silver, and platinum in preparation for “the crash.” This trend has also reached into the gem industry with prices rising on an exponential curve. According to analysts, the prices of precious gemstones are expected to continue to rise over the next several years; perhaps even decades.
The debates begin on Wall Street but end in the bank accounts and concerns of normal everyday people. Anyone will tell you that the economy is in a precarious position, and tangible commodities are the only items that are guaranteed to keep their worth even in the most disastrous of circumstances. The huge demand for precious metals and gems only points to this fact, and “Get in NOW” seems to be the unanimous advice of stock brokers and seasoned investors from all over the world.
Some people like to invest in gold bullion bars or silver Mercury dimes to be buried deep in their safe for use in times of crisis. But uncertainty is not all one sided, it stems the other way too. Of course no one can tell if the crisis will resolve itself in the years to come, so burying gold coins in the back yard or investing in sacks of dimes seems like an investment of over-reaction rather than an investment of prudence.
It’s for this reason that smart investors are investing in the here and now in precious metals and gemstones that “kill two birds with one stone,” such as designer fine jewelry. Not only can jewelry be enjoyed by either you or a loved one for years to come, but they will increase in value as their contents’ worth continue to appreciate.
Source by Travis Wiebe
Secure Your Financial Future by Investing in Precious Metals and Gemstones
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