If you are considering investing in gold and silver bullion, you are likely wondering what the potential advantages are. We invite you to keep reading to learn four reasons that it is worth investing in these quality products. If you have gold to sell, silver to buy, or vice versa, GNJ Pawn Big is here to help. Just call us at (661) 224-1999 for assistance.
- It’s a Good Way to Diversify Your Portfolio
- Gold and Silver are Safe Havens in Economic Crisis Situations
- They Can Help Prevent Inflation from Lowering Your Wealth
- It’s Easy to Leave to Your Heirs
When you buy gold and silver, you are buying a low-risk investment that is a strong option beyond stocks, cash, or bonds. Ideally, you would have several types of investments so that if one greatly reduces in value, you will have other options as a backup. Gold and silver are a good option to help achieve that diversification goal.
When the economy is uncertain, you will see stocks plummet in value, bonds become worth much less, and real estate becomes worth pennies on the dollar. On the other hand, gold and silver are physical products that have real value in every country around the world. This type of easily sold material can be a godsend if the economy is significantly impacted.
Gold and silver prices are not tied to the market of one particular country. They are not tied to the American dollar. Instead, they are priced based on world markets. This means that unless every market in the world sees a simultaneous downturn, your gold and silver are likely to keep their value even through inflation.
It is easy to make tax-free gifts of silver and/or gold to your heirs each year. This simple option helps you set them up with investments and is a great way to transfer wealth without having to leave your loved one paying estate taxes. However, there are limits to the amount you can give without owing tax. Talk to your tax professional if you have questions about how you can gift these products or how much you can gift.
We Can Help You Find the Right Products
Whether you are looking to invest in scrap gold, gold coins, silver, or another precious metal, you have found the help you need with GNJ Pawn Big. If you are looking to sell these items, we can help with that too. We invite you to call us now at (661) 224-1999 with any questions or visit us at your convenience.