How to Invest in Precious Metals

How to Invest in Precious Metals
Precious metals are real assets that hold value beyond investment goals. WeStudio/Shutterstock
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Inflation hit hard in 2022 and lasted about two years. Many prices, including for homes, cars, insurance, and food, skyrocketed by 40 percent or more and remain there—higher—to this day. That has had the effect of shaking consumer confidence in our currency, and, in turn, we see gold, silver, and cryptocurrency becoming popular and gaining traction as potential alternative routes for investments.

This article will concentrate on precious metal investing, how to do it, the avenues to invest, and the potential risks to investors. Precious metals are real assets that hold value beyond investment goals, for they are also useful for jewelry or industrial purposes. They are fairly liquid and tangible, unlike cryptocurrency.

Rodd Mann
Rodd Mann
Author
Rodd Mann writes about carving out a creative and unique new career in a changing world. His own career has taken him all over the world, working in accounting, finance, materials, logistics and manufacturing operations. Author, teacher, writer, consultant, Rodd has worked in many high-tech roles.