Physical precious metals have a long history of being viewed as a hedge against geopolitical uncertainty, economic turmoil, and inflation.
Diversification with Precious Metals remains key to protecting an investment portfolio from corrections across multiple market sectors.
With unresolved issues encompassing much of the globe, it would not be surprising to see the gold price achieve new record highs this year.
1. Market volatility continued this week as Russia’s onslaught against Ukraine raged on and central banks around the world shocked markets with unexpected rate moves. In the U.S., the West Coast port of Oakland has been virtually shut down as truckers protest California’s gig labor law, which classifies workers as employees and not independent contractors.…
The US has reached the classic stage when it has become a reckless bully and its support structure of allies has begun to de-couple as a result.
For those investors back in 1956, who bought one ounce of gold for 35 dollars, however, they could have sold that same ounce today for over $1700 – an increase of 4,757%.
Many analysts continue to recommend holding precious metals in at least a portion of any well-diversified portfolio.
Investors, watching as geopolitical tensions escalate and uncertainty rises, continue to seek out ways to ensure that their portfolios are diversified against a downturn in any one market sector.
In the 18th century, America was made up primarily of people who, of necessity, had had to work hard. Choosing Your Immigrants by Jeff Thomas.
Many investors continue to take advantage of temporary price dips to add more physical precious metals to their portfolio at a relative discount.