December 22, 2024

Why bullion is always a better investment 

Have you thought about investing in silver or gold bullion? Is 2022 the year you will finally take the plunge into the gold market?

  

There are many excellent reasons for investing in gold. Unlike other gold products, gold bullion is of a higher quality. Bullion has a fineness of .999. There is no recycling, smelting, or refining that is required. With bullion, you know exactly what you have. The weight of bullion is certified and the quality guaranteed. In fact, they are printed directly on them. 

You don’t need to have them tested and verified. Basically people who invest in gold and silver bullion know that “what you see is basically what you get” especially if you have bought them from a reputable bullion dealer

Today’s low prices make bars a good investment. What could even be simpler than buying an investment with high returns is to buy when prices are still affordable for you. 

If you look at the fundamentals of other investment classes like stocks, fine arts, real estate, etc involves taking on a large risk, further exacerbated by the current economy. When it comes to precious metals like gold and silver, the risk is not as big and these metals perform in a different direction to stocks and bonds. They thrive in situations where the economy seems to be tanking and things are really at their worst. 

You can buy the precious metals when the prices are still low and hold your gold until you feel it is time to cash in. 

The storage of bullion bars is convenient and safe. If you invest in property, for instance, you need to insure it. It can burn. You can rent it out your property to bad tenants who don’t pay rent and end up hiring expensive lawyers to evict them – a process that could take months without collecting a dollar in rent. 

Gold, silver, or platinum bars don’t expose you to unpleasant surprises. You buy and keep it safe in a safety deposit box in a bank. And guess what? It doesn’t even burn!

If you buy bullion in bulk your bullion dealer might give you a wholesale purchase discount.

Just ask. For example, you can buy a 100gram silver bar for around $ 75 from a bullion dealer now. You can buy 100 one-gram silver bars for $ 1.75 each, but if you do, you’ll spend $ 175 for the same amount of silver. This is because the cost of producing, packaging, and shipping a single bar is the same for any size of bar that gets made. So, bigger silver bars cost less than smaller, individual bars. The same considerations or logic apply to all other bullion

products be they gold or platinum, it does not matter. 

Find bullion dealers around you and compare their prices. Once you find the one that offers what you want at reasonable prices, contact them and make that purchase. With the price of metals changing all the time, especially with silver which happens to be the most volatile precious metal, you don’t want to wait too long because the markets could change without warning. 

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