The US and UK is currently in what can no longer be called a period of "stagflation" - it is what we term an inflationary recession. Saving gold or other precious metals is not only the most effective and profitable way of counteracting that process, it is also the safest. After all, saving should be safe - don't you think?
Add to that the decline in purchasing power of the dollar abroad (which will vastly accelerate price-inflation here in the US), and you pretty much get the picture. "Saving" in the traditional sense is the equivalent of losing money.
Stocks are under siege. Big companies' borrowing costs are up due to the credit crunch, choking their bottom lines, while consumer demand is down - and the dollar keeps on dropping and dropping!What Can You Do About That?
The best thing is to buy gold and silver, consistently, over time, in equal, incremental amounts, month after month. If you do have savings languishing in an account somewhere, it makes sense to take at least half of that out and buy gold and silver with it.
Silver is on a tear. It has outperformed gold over the past several years. It is a good metal-savings diversifier. In 2003, silver was $4.50. Now, it's above $19 per ounce.
Gold was at $300-350/oz. back then. Now it is at $960/oz. Gold tripled, silver quadrupled.
A very good way to accumulate and store both gold and silver, you can buy from Bullion By Post great value gold dealers based in the famous Birmingham Jewellery quarter in the UK.
They launched the BullionByPost service in order to offer private investors from across the UK a straight forward, secure way to buy gold bars at trade prices. these bullion gold bars are available in different weights as per your needs. buy these bullion gold bars and secure your future. for any query about gold bars contact them here.https://www.bullionbypost.co.uk/gold-bars/
We are committed to offering the very lowest margins and providing great customer service.
If you are new to precious metal investment, or have any questions please gave them a call and they will be happy to help you.
You should not put all your eggs into one basket, of course. The very best and safest way to own precious metals is to buy them from your local dealer store them at home in your safe or another secure place. In emergencies, that is the only way to guarantee access to your metals if some temporary problems with the infrastructure should make bank withdrawals or deductions from your GoldMoney holding impossible.
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