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Why buy gold and silver

Mackenzie Carson, May 23, 2023May 23, 2023

GOLD AND SILVER, THE SOLIDEST INVESTMENT TO ENSURE YOUR SAVINGS

Currently, there is significant uncertainty when it comes to investing our money in financial products, especially those that have been established to obtain profitability in the medium and long term gold ira companies reviews. It is for this reason that it is convenient to conscientiously study the different alternatives, which can offer us greater solidity in the face of future economic ups and downs.

A form of savings widely used by wealthy people since time immemorial has been investment in gold and silver, with which they obtained both a refuge for their money in difficult times, and a return, suffice it to say that gold has revalued close to 35% since the beginning of 2008.

At this time, professionals with more than 30 years of experience in the sector of buying and selling gold and silver, present us through The Gold House an optimal solution to be able to invest in precious metals. Its products cover a wide range of prices, so it is not necessary to have large fortunes to acquire them.

These investment products, unlike jewels, are manufactured with hardly any manufacturing costs (such as design, repairs, jewelers’ or setters’ work…) in short, margins from a multitude of intermediaries that add costs to the value of the raw material. That is why when acquiring both coins and ingots one is basically acquiring gold and silver.

As if this were not enough, physical gold and silver give us the security of having more than just numbers on a bank statement. They allow us to have our savings in our hands, being able to dispose of them when we feel like it or when we need it the most, without having to meet deadlines or ask anyone for permission.

With physical gold and silver, the fear of account seizures or that a computer problem will prevent us from getting our money from the bank the day we need it most, also disappears. (As happened recently in Germany).

The Gold House also gives us the possibility of repurchase, and although its headquarters are established in Madrid, it works for the rest of the peninsula.

Reasons to buy gold and silver

  • For centuries it has been and is the symbol of wealth par excellence.
  • It is an excellent alternative to diversify savings.
  • Unlike paper, currency, stocks, or bonds, gold never loses its intrinsic value.
  • Neither banks nor governments have the capacity to monopolize them.
  • Its small size makes it easy to store and transport.
  • Investment gold is exempt from VAT.
  • It is a medium/long-term investment means designed to protect your capital against the risks of loss of value of currencies-paper and
  • Financial assets.
  • It is an eventual means of payment in the event of a very serious monetary crisis.
  • World silver production is below demand, and the supply for investment silver is declining year by year.
  • In these years the price of silver has gone from 4 dollars an ounce in 2001 to almost 19 tody.
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