Moving Beyond Gold in Your Precious Metal Investment Plan

Moving Beyond Gold in Your Precious Metal Investment Plan

Precious Metals Dealers California

Investors looking to diversify their portfolios have historically looked at gold as the most lucrative option, but those in the know are starting to move beyond the gold standard alone. Silver, palladium, and platinum are a few of the white metals rising in popularity among savvy investors, and it’s easier than ever for new and inexperienced investors to get in on the action thanks to online precious metals dealers like California Numismatic Investments. Here are some of the most compelling reasons to take a longer look at adding white metals to your precious metal investment portfolio.

Rising Demand
One of the reasons that white metals are on the rise among investors is that silver, palladium, and platinum are frequently used in industrial production and as such the strengthening economies around the world are driving greater demand for these precious metals. For example, global automobile manufacturing has increased around five percent since 2014, which has triggered a similar rise in demand for platinum and palladium (which are used in catalytic converters). As global demand for white metals rise, so too will the prices, so invest in silver, platinum, or palladium bullion bars or coins now and set yourself up for greater returns later on.

ETF vs. Physical Precious Metals
Exchange Traded Funds (ETFs) are similar to mutual funds in that they track an asset or an index of assets, such as precious metals. Although silver ETFs are a favorite tool for high-frequency traders, they do not provide any real physical security and are not always backed by actual physical metal assets. That’s why ETFs are no substitute for owning physical precious metals, be it silver bullion coins or platinum bullion bars.

If you’re interested in strengthening your precious metal holdings, work with California Numismatic Investments. As one of America’s largest precious metals dealers, we provide great pricing on the best selection of silver, palladium, and platinum. We also have gold coins and gold bullion for investors interested in going the more traditional route. If you have questions, please call us toll-free at (800) 225-7531.

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