So, I was doing some homework on the internet and wanted to see how the precious metals industry (gold, silver, platinum, palladium, etc) stood in this dangerous economy. By the word danger, I mean the economy pushed into recession by those responsible in the swamp. As we’ve all experienced, prices for food, gas, travel and more shoot through the stratosphere endlessly at the location.
Many prominent investors hedge using gold and silver such as:
- John Paulson
- Stanley Druckenmiller
- Tyler Durden
- George Soros
- Janet Yellen
And more big names like,
Ray Dalio buys gold as a storehouse of wealth and diversification. When someone has a net worth $18.7 billion Praises the power of gold, you may want to pay attention. Ray Dalio, founder of the world’s largest hedge fund, believes that gold is attractive as a store of wealth and a means of portfolio diversification.
Lord Jacob Rothschild
Lord Jacob Rothschild buys gold to help preserve the wealth of generations. Lord Jacob is famous announce The Rothschilds were getting rid of the US dollar and replacing it with other currencies in addition to gold. Changes in yields and monetary policy prompted this shift. The Rothschilds have been involved in gold prospecting, refining and trading since the early 19th century.
Naguib Sawiris buys gold as a means of protection against crises. Naguib Sawiris is an Egyptian billionaire worth his fortune $2.9 billionHe put half of his net worth in gold in mid-2018 in an effort to protect himself from a potential stock market crash and take advantage of gold’s potential rally.
So, who is looking to be positioned as options for reliable diversification into precious metals?
Best Online Gold Trader 2022
- Better overall: GMRgold
- Best Overall Offer: APMEX (American Precious Metals Exchange)
- Best Customer Experience: JM Alloy
- Best for gold coins: BGASC
- best reputation: GMRgold
As always, do your homework. If you have dealt with a local merchant and feel you have benefited, please contact us. We are here to help analyze your situation and protect you from being exploited.
We offer free, no-obligation consultations. You can reach us via the contact form on this website, or by calling the number listed.
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