Unlock the potential of your investments by arming yourself with knowledge. Research is key, and it’s a no-brainer to take advantage of it! Before diving in headfirst, it’s crucial to uncover what lies beneath the surface. Opinions may come and go, but the ultimate path to greatness will forever be paved through the power of education! Ready for some Tips for buying bullion in 2023? Join us today for a quick and exciting rundown on all things gold, silver & platinum!
In these uncertain times we are plagued by market fluctuations, currency devaluation, dubious financial advice & volatile markets. With precious metal investment, even experienced investors & novice investors require informed investment decisions.
Buying bullion in 2023
The glimmer of gold and silver has mesmerized humanity since ancient times, coveted by civilizations of old as the ultimate symbols of wealth and power. Even in this digital age, smart investors know that precious metals are a treasure trove of potential profits. Which shining star of the metal world will bring the biggest bang for your investment buck? Additionally, what causes their high level of volatility?
Unleash your inner treasure hunter and indulge in the glimmering world of precious metals! From gold to silver to platinum, there are countless ways to buy these coveted gems. Don’t resist the allure any longer – it’s time to add some sparkle to your collection! Are you ready to strike gold? Get the inside scoop on precious metals and discover the secrets to investing like a pro. Don’t miss out on this golden opportunity!
Get ready to meet the ultimate heavyweight champion – gold. This precious metal reigns supreme with its unbeatable durability (no rust or corrosion here), flexibility, and the power to conduct heat and electricity like a boss. This versatile substance has been known to work wonders in the world of dentistry and electronics, but it’s true beauty lies in the fact that it can be transformed into stunning jewelry and even used as a means of trade.
Gold’s value never sleeps – it’s constantly being evaluated by the market, every hour of every day, every day of every week! Physical Gold is like the cool kid in school who doesn’t follow the rules of supply and demand. Instead, its value is driven by sentiment and emotions.
The reason behind this is that the new mine supply just can’t compete with the massive amounts of gold hoarded above ground.
It’s like a David and Goliath situation, but with shiny, precious metal. Picture this: When hoarders finally decide to part ways with their precious goods, the price plummets like a bungee jumper off a bridge. As soon as the buying bug hits, the gold rush is on and prices shoot for the moon faster than a rocket ship!
Various factors contribute to a heightened inclination to accumulate the lustrous yellow metal.
- There are financial concerns that affect the entire system. When the world of finance is in chaos and political turmoil looms, one shining beacon of stability emerges: GOLD. This precious metal has long been hailed as the ultimate safe haven for preserving value and weathering economic storms.
- Watch out for the sneaky thief that is inflation, stealing the value of your hard-earned money! When the markets turn sour and the RoR takes a nosedive, investors flock to the shining beacon of security: GOLD. It’s the asset that promises to hold its value when others are in freefall.
- The chaos of war and political turmoil… Throughout history, chaos and unrest have ignited a feverish desire for gold, with people clamoring to amass as much of the precious metal as possible. Imagine carrying your life’s savings with you, ready to exchange for the necessities of survival, whether it be food, shelter, or a way out of danger. It’s a portable safety net that you can keep close to your heart until you need it most.
Silver is a fickle beast, oscillating between its status as a precious store of value and its practical applications in industry – unlike its steadfast cousin, gold. Hold on tight, because the market for this product is a wild rollercoaster ride of price fluctuations that make even the market for gold look like a calm pond.
The silver price is influenced by both its value as a hoardable item, similar to gold, and the supply and demand factors in its industrial usage. The equation has undergone an exciting evolution, constantly adapting to the latest innovations in a never-ending quest for perfection. Behold, the ever-changing equation!
- The booming middle class in the East is craving more than just the latest iPhone. They’re gobbling up silver-crafted gadgets, medical marvels, and industrial wonders like they’re going out of style. The demand is electrifying! With the ability to conduct electricity and withstand the toughest of forces, silver became the ultimate superstar in the world of commodities.
- Silver is a versatile and essential element, powering everything from batteries to superconductors to microscopic circuits. It’s the shining star of innovation!
- Silver is classified as a green metal and is utilized in various applications, including solar energy. Silver is highly valued for its exceptional conductivity, making it an essential component in high-end electronic devices.
The future of silver’s non-investment demand is shrouded in mystery, leaving us all wondering: will these developments make or break the precious metals’ market?
Don’t be fooled by silver’s shiny exterior, they’re not just silver coins or silver bars and the spot prices may not give a clear view to it’s current or future applications. Its value goes beyond just being a pretty accessory or a safe investment. This valuable metal price is influenced by the diverse industries it serves.
Platinum, the precious metal that never sleeps, trades 24-7 on the global commodities market alongside its glitzy counterparts, gold and silver. When it comes to the precious metals game, this one takes the gold (and then some)!
With its rarity and allure, it’s no wonder that it can fetch a higher price per ounce than its shinier cousin, especially when the market and politics are chill. Only a mere fraction of the precious metal is extracted from the earth each year.
In addition, there are additional variables that contribute to the cost of platinum.
- Platinum is categorized as an industrial metal, much like silver. The automotive industry heavily relies on platinum for catalytic converters, which help reduce harmful emissions. The majority of demand is accounted for by jewelry, while the rest is used by industries such as petroleum and chemical refining catalysts and the computer industry.
- The dazzling shine of platinum is not the only thing that makes it valuable – its price is also heavily influenced by the political landscape and supply and demand balance in the countries where it’s mined.
- The almighty dollar has bowed down to the power of automobiles and their production numbers, allowing them to reign supreme over pricing in this realm. The COVID-19 pandemic put the brakes on vehicle production and caused a platinum demand dip as autocatalysts took a hit, sending prices plummeting.
- Hold on to your hats, folks! The first quarter of 2021 saw a 5% drop in supplies and a whopping 21% increase in demand, thanks in large part to the automotive industry. This surge in popularity could spell out some exciting news for the metal’s price in the near future.
- 2022 saw a slight uptick in demand, but only by a minuscule 2%. As we soar towards a more sustainable future with the rise of no-emission vehicles, let’s not forget that the road to eco-friendly transportation may come with a price tag.
Platinum is utilized in eco-friendly hydrogen production, resulting in water and oxygen byproducts that are beneficial for the environment.
- The world’s most precious metal, platinum, is a rare find primarily confined to the depths of South Africa and the icy terrain of Russia. Try finding Platinum with outdated mining methods, power outages, political turmoil, and economic sanctions. Brace yourself for the platinum price to skyrocket as it becomes more rare than hen’s teeth!
Platinum’s volatility is influenced by various factors, making it the most unstable of all precious metals, which investors should take into account.
Most Common Options
Unlock the secrets of precious metals investing – discover your options today!
- ETFs (Exchange Traded Funds) are a convenient and accessible way to trade gold, silver, or platinum through commodity markets. However, investing in ETFs does not result in ownership of the physical commodity, so investors cannot claim the metal held within the fund. Physical delivery of a gold bar or silver coin is not possible.
- Unlock the power of gold ownership with certificates – the perfect solution for hassle-free transportation and storage! When chaos strikes, insurance certificates are as useful as a paper plane in a hurricane. Don’t bet on using them as bargaining chips, unless you’re looking to swap your precious goods for a handful of empty promises.
- The value of shares in precious metals mining companies can be affected by changes in precious metal prices. This makes them a potentially high-risk investment option in both individual stocks and mutual funds.
- Those who lack knowledge of mining stock valuation may opt to invest in professionally managed funds with a successful history.
- Investors can utilize the futures and options markets to access liquidity and leverage when making significant investments in metals. Derivative products have the highest potential for both profits and losses.
- If you’re thinking of investing in Bullion, make sure you’ve got a safe spot to stash those shiny coins and bars, unless you want your bullion to go missing! Investors who are risk-averse may consider investing in bullion as their only option. While those with a long-term investment strategy may find it appealing due to its lack of counterparty risk, proven growth track record, and physical ownership.
Can investing in precious metals be beneficial for your portfolio?
Investing in precious metals can provide protection against inflation due to their inherent value and lack of credit risk. Unlike other assets, they cannot be easily inflated or increased in quantity. Protect yourself from the unexpected with genuine upheaval insurance, covering both financial and political/military turmoil.
Investment theory knows that precious metals are the ultimate wingman, providing a low or negative correlation to other asset classes like stocks and bonds. With just a touch of precious metals in your portfolio, volatility and risk will be reduced faster than a hot knife through butter.
Precious Metals Risks
All investments carry risks, even those that offer some level of security, such as investing in precious metals. The prices of metals can fluctuate due to various factors such as technical imbalances, changes in supply and demand, and geopolitical issues. During periods of economic instability, sellers experience an advantage as prices typically increase.
A benefit over stocks?
Investing in precious metals offers several advantages compared to investing in stocks. These benefits include protection against inflation, inherent value, no credit risk, high liquidity, portfolio diversification, and easy purchasing. A physical holding will always make for solid investment decisions.
Are there disadvantages?
Individuals do not receive any income from precious metals as they do not generate cash flow. There will also be a storage cost, like safe deposit boxes, for individuals who own physical metal investments. However, that cost is negligible knowing your goods can’t just go up in a puff of smoke!
Knowing the basics and diving in!
Now you’ve been given some of the basics, It’s important to take this knowledge and build upon it! We have included some links to valuable resources that will help you continue your education journey. All of these are independent resources and are for educational purposes, but remember, no one knows their situation better than themselves!
The team at Private Vaults in Redcliffe, part of the GBA Group along with Gold Stackers Australia, offer a wide range at competitive prices on physical metals. They also offering a large selection of safety deposit boxes and are always ready to assist you when you’ve made the decision that is right for you. Give them a call on 1300 888 782 or visit them at 3/73 Redcliffe Pde, Redcliffe (entrance via Baker St) – www.privatevaults.com.au
My background involves the ownership of many businesses including owning and running multiple Chiropractic offices but mainly focused in Nerang on the Gold Coast for 30 Years.
I have a passion for accumulating and holding Bullion and have done so for many years. My extensive Business skills and Bullion knowledge makes it easy to assist others buying, selling and storing their Bullion.
Peter and Cassie work together to assist anyone from the experienced Bullion Investors to the complete novice. They are here to answer any questions to help you.