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Showing posts from August, 2023

Why invest in gold or silver?

  Both gold and silver coins in Sydney have been used as good hedging tools in the face of currency depreciation and market crashes. They are considered to be a pretty an effective inflationary tool. To varying degrees, both silver and gold can offer a hedge in a potential market downturn, as well as during sustained periods of rising inflation. A well-balanced investment portfolio includes a mix of assets to lower risk and increase potential returns. Choosing to Invest in gold in Sydney can particularly be a good idea as it is considered a more powerful diversifier. It has been consistently uncorrelated to stocks and has pretty low correlations with other major asset classes. Unlike silver and industrial base metals, gold is less affected by economic declines as its industrial uses are fairly limited. During times when other investments might be underperforming, the value of precious metals may rise and provide a counterbalance to the overall portfolio. The supply of silver a...