As inflation indicators have continued to climb, many investors have returned to acquiring physical precious metals whenever buying opportunities in the form of temporary price dips present themselves.
What’s interesting to consider is the cost of Thanksgiving 10 or 20 years from now. If history is any guide, it’ll be a mountain of gravy more expensive – unless it’s priced in gold and silver.
The key to profitability through the ownership of physical precious metals is to acquire the physical product and hold it for the long term.
Savvy investors have long-ago taken steps to diversify their portfolios so that they have a better chance of surviving any market corrections that may take place in equities or real estate.
Minimising Government’s Dominance Over Your Life. An article by Jeff Thomas.
Precious metals have long been viewed as a hedge against inflation and have frequently also been viewed as a safe haven in times of economic turmoil.
The kooks were indeed right. Those that called for higher prices -higher than what most mainstream investors would believe- were proven correct.
The coming train wreck is no accident. It has long been planned. That the “smart fellows in charge” will somehow save the day is therefore a vain hope indeed.
When the writing is on the wall that “the society is doomed”, most people invariably stick it out where they are, hoping either that “things will get better”, or, at least that, “It won’t get too much worse.”
Investors continue to make efforts to ensure that their portfolios are diversified to help insulate them from sudden shocks in any single market or sector.