Which precious metal is best to invest in? - precious metal values
I think investing in a precious metals - gold, silver or platinum. I'm shopping for platinum, as it seems, a greater variety of applications, especially industrial uses have value and are therefore more stable or increase, rather than gold or silver. But I know little about the comparative use of the three precious metals, it is that I welcome all opinions and suggestions on the metal to be increased more in value, or at least remain stable, as well as other useful items such as jewelry or coins
Thursday, January 7, 2010
Precious Metal Values Which Precious Metal Is Best To Invest In?
2 comments:
Exactly what you do with the goal always your investment? Capital Gain? Already in 1983, gold sold for over $ 800 per oz Shortly after they fell below $ 400 per ounce and has only recently come back to these levels. An amount of $ 800 in 1983, invested in a savings account or 5% per year to accumulate $ 2580 per year increased in 2008 (25 years). If this amount of money won only 7% have instead of 5% per year, the accumulated $ 4057 in 2008. If you buy precious metals to no interest on your investment is the increase in value only if the price of the metal goes through the time that you want to sell.
It is difficult to answer your question. If you're in the market looks very likely that they invest in gold. Given the fluctuating value. You would be buying at the top, if you just bought. One may recall the late 70s and early 80s, when gold in the same area. Almost all the 00s and early 90s and remained stable at about half the value, it is now. Now that the gold coin a completely different animal. This may be a better investment if you use a broker who is willing to work with you and how much time you find for further investment. Plat of the other is more stable, as such would be an investment as such. Copper and silver are two continue to climb the charts. Will be removed for applications always worth less and less will continue to grow.
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