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Precious metals are scarce natural metallic elements that have high economic value. There are many factors to why Precious metals, specifically, Gold and Silver are expensive. Their high usage in several different industries contributes to why these metals are in demand. Gold and SIlver are regularly used to create different types of products. Although…
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Benefits of Investing in Precious Metals in 2022
Precious metals are scarce natural elements that have a high economic value. From a scientific point of view, these elements chemically tend to be less reactive than other elements. The four primary precious metals include Gold, Silver, Platinum and palladium. These metals have a heavy tag to them because of their rarity, long historical…
U.S Inflation Reaches 7% What does this mean for Gold?
The U.S inflation rate has gone up even more reaching record highs. It broke a record of reaching a 40 year all time high of 7%. Moreover, economists predicted this figure and they were correct. This drastic high rate is alarming as there are still no signs of the inflation rate slowing down anytime…
How to Buy Platinum Bullion in Canada
Compared to Gold and Silver, Platinum is a more rare metal. In fact, the natural element is thirty times more scarce than Gold. Platinum has low correlation to traditional assets and tends to perform well in economic recovery. Investors buy platinum as a sense of extra security because of its historical stability. It is…
Is Silver a good investment in 2022?
How and why to invest in silver? Historically, Invest in silver has proven itself to be a stable asset that appreciates over time in value. It is highly liquid which attracts investors looking for quick cash. Silver is a great hedge against inflation mainly because of heavy industrial use. This means that in a…