3 Reasons to Start Buying Precious Metals Today

Perhaps you have heard of precious metals investments. Maybe you even thought about buying gold once or twice in the past but never got around to doing it. Or perhaps you are fully invested in equities and have never even looked beyond stocks at alternative investments.

If this is you, it’s definitely time to start thinking a little “outside the box.”

In fact, in our view, right now represents one of the best opportunities to begin investing in gold, silver, and other precious metals. In fact, we feel that such an opening may not be seen again.

Don’t think precious metals can play a vital role in your portfolio and wealth preservation strategy? Think again.

Here are three simple reasons you should strongly consider an allocation in gold, silver, and other precious metals today:

The Dollar

The U.S. Dollar could be on the verge of a significant breakdown. The dollar has been in a strong uptrend in recent months as investors and global markets try to figure out the path of interest rates going forward. While the Federal Reserve has put an end to its era of quantitative easing and zero interest rates, such policies could easily be reinstated. After trading as high as the 115 area, the dollar has since pulled back to the 103 level. As the dollar declines, so does your purchasing power.

Lack of Global Growth and Inflation

It’s no secret that many parts of the world continue to struggle economically. China, the world’s second-largest economy, is seeing its lowest growth rate in years. The European Union cannot seem to get its economy on track, and the Bank of Japan is also struggling. These economies are also dealing with rampant inflation, which in the U.S. has reached a 40-year high in recent months and is a powerful force that can infect economies for years or even decades. What if this were to spread to even more global economies?

Geopolitical Issues

There are numerous geopolitical issues in play right now that could potentially change global finance and trade as we know it today. There is already a move away from the dollar underway, and other currencies, such as the Chinese Yuan, could potentially challenge the greenback’s status as the global reserve currency of choice. Needless to say, this could have a dramatic effect on the value of the dollar. Ongoing uncertainty in certain areas of the world can potentially affect oil prices and general risk appetite. Escalation of global tensions has the potential to cause a severe decline in global equity markets, and changes in leadership and monetary policies have the potential to drive volatility in currency and interest rate markets. The war in Ukraine is a prime example. A Chinese invasion of Taiwan could be just as bad or even worse.

The question you should be asking yourself right now is: What do I have in my portfolio that can potentially hedge against such issues? What might help protect my wealth and purchasing power?

Gold, silver and other precious metals may be the answer.

These metals have been considered a reliable store of value for thousands of years and have stood the test of time. Paper currencies have come and gone, yet gold and silver are still highly coveted by investors all over the globe today.

There are reasons that central banks purchase and hold massive amounts of gold…

If these financial powerhouses know and understand the value of precious metals and their benefits, shouldn’t you?

Don’t wait for a significant dollar decline to erode your purchasing power, or for a massive global equity sell-off to erase a large portion of your wealth. Explore your options today. Consider an allocation in gold, silver, and other precious metals.

Buying and holding these key assets has never been easier than it is today. In fact, you can even buy gold, silver, and other precious metals within your IRA account. An Advantage Gold account executive can walk you through the process of setting up a precious metals IRA or using an existing IRA account to begin acquiring these metals. Don’t wait for higher prices, talk to an IRA advisor about how to roll over your 401(k) into a Gold IRA by opening a self-directed IRA account, contact us or call us at 800-341-8584 today.

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