Investing in Gold & Silver For Dummies. Paul Mladjenovic
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СКАЧАТЬ Physical Bullion coins and bars Low Market, physical 9 Numismatic and collectible coins Medium Fraud, physical 10 Paper Major mining companies Low-medium Market, political 7 Midsize mining companies Medium-high Market, political 7 Junior mining companies High Market, political 7 Mutual funds Low Market, political 8 Exchange-traded funds (ETFs) Low-medium Market, political 8 Leveraged ETFs High Market 11 Futures Highest Market, exchange 12 Options: covered call writing Low Market 13 Options: buying calls and puts High Market 13 Digital Precious metals cryptocurrencies Medium-high Market 13

      Spanning the Gold and Silver Landscape

      Find out why gold and silver are so important for almost any investor’s (or speculator’s) portfolio — physical metal in your hand!

      Are mining stocks a good idea for your portfolio? If you’re not sure about direct investments in stocks, figure out whether mutual funds make sense instead.

      Discover how good exchange-traded funds (ETFs) are for today’s portfolios.

      Investing in Gold

      IN THIS CHAPTER

      

Checking out gold’s performance versus the financial world since 2000

      

Investigating investment and industrial factors for gold’s success

      

Reviewing gold bull and bear markets of the recent past

      

Discovering why gold looks profitable for the 2020s

      “Going for the gold,” “good as gold,” and many other familiar phrases mentioning gold have been around for what seems like forever, but for good reason. Few things conjure up thoughts of wealth and affluence the way gold does. I don’t recall any pirate in a B movie shouting, “Aargh! There’s zinc buried on that island, mateys!” On the other hand, gold … now we’re talking.

      Gold is an element found on the standard periodic table of the chemical elements. Gold is listed there with the symbol AU and the atomic number 79 (don’t worry, the quiz has been canceled). The most malleable and ductile of the metals, you could actually take a single ounce of gold and essentially stretch it out into 300 square feet (no, I don’t know why you would do it, but it sounds impressive). Gold is a good conductor of heat and electricity (and probably thieves as well). Because it’s generally resistant to rust and corrosion, gold quickly became an ideal material to fashion into jewelry, coins, and, therefore, money. The desirability of gold now became ensured.

      However, as you read this book, every major society is inflating its currency at record rates, which is good news for gold and silver aficionados. In this chapter, I highlight the important reasons gold is (or should be) an essential part of the modern portfolio and how it has stacked up against other investments and common economic conditions.

      Gold is a finite element (literally — it’s the symbol AU on the table of elements) and has all the necessary qualities needed as money. It’s durable, portable, and divisible. It’s malleable enough to turn into coinage. It doesn’t decay or tarnish and is indestructible. In ancient times, it became an ideal medium of exchange and a store of value ever since. In short, it’s nearly an ideal form of money especially when compared СКАЧАТЬ