Buy Gold and Silver

Buy Gold and Silver








To have a balanced portfolio
it is a good idea to include gold and silver bullion. This can be in
the form of gold and silver coins and bars. A balance can be struck
between the two depending on a number of factors.

Firstly, how much liquidity is required in your portfolio? This depends on your investment strategy of course and how liquid you want your asset to be.

Silver
is currently around 12-13 dollars per ounce while gold is running at
around 650 dollars US per ounce. So a one ounce silver coin is much
easier to buy and sell than a one ounce gold coin for most people. If
you are happy to buy silver and gold for the long term with no thought
of cashing in any of your investment then it would weight more heavily
in gold bullion than silver. On the other hand, if you want to be able
to cash in your investment fast (perhaps travelling around a ot) then
your investment would more likely to be heavily weighed in favour of
silver bullion.

Unlike paper currency, both gold and silver are
sellable in virtually any country in the world. Whereas the US Dollar or
other paper currency may be refused, such as in Australia for example,
it is unlikely that Krugerrands or silver eagles would be refused by any
bank or dealer around the globe.

Probably for most people 20
percent silver bullion to 80 percent gold bullion would be an acceptable
ratio. It is a fact that gold and silver coins are easier to sell than
small bars. In some countries gold and silver bars when purchased will
attract tax but coins generally do not as they are considered legal
tender.

To buy gold and silver is an attractive way of saving and
can provide a life saver when it comes to providing for one’s future
while at the same time offering quick access to some cash when needed.