Protection against high periods of inflation. |
High National Debt leads to increased commodity prices. |
There is a finite amount of Gold and Silver in the world. Hence, scarcity increases value. |
Gold and Silver always can be redeemed for cash. |
Gold and Silver can be purchased as bars, coins, or even via ETF's (electronically traded funds, which behave like stocks). |
Good purchase points are typically, but not always, when US Dollar is weak. |
Good selling points are typically, but not always, when US Dollar is strong. |
Gold and Silver are tangible assets that you can hold. |
Federal reporting is not required for purchases and sales (unless it is via an ETF). |
They are a great hedge against other potential declining assets. |
Value tends to increase during troubled economic times. |