Do you remember the days when your dollar seemed to go further? It wasn’t all that long ago when you could by gas for 25 cents a gallon. Back then the dollar was backed by real money and real silver. It’s not anymore. The value of paper money has gone down and is worth much less these days. While it seems that the prices for food, gas and just about everything else has been rising it really hasn’t, it’s just that the value of the dollar is worth less and less.
If you had been buying your gallon of gas with silver in those days you’d find now that the same amount of silver would buy you the same amount of gas today. Gold and Silver holds its value over time unlike green paper money.
This is one of the reasons why investment experts have always recommended diversifying your portfolio by investing up to 20% of your portfolio in tangible assets. Tangible assets are often in the form of bullion coins, gold, silver and platinum bullion. In today’s shaky economic and political environment it makes even more sense to apply this diversification strategy towards investing in precious metals.
Monex is one of the Countries oldest and largest firms specializing in precious metals for the individual investor. Thousands of investors have purchased billions of dollars of gold, silver, platinum and palladium bullion and bullion coins since Monex opened it’s doors in 1967. If you are thinking of investing some of your hard earned income consider investing in tangible assets with Monex.