Like virtually every other asset class on the planet, stocks, bonds, real estate, cryptos etc., precious metals have had a rough few months. Not as bad as stocks or cryptos, but gold and silver have been down.

I have no doubt that they will move back to prior levels and up from there. None. I don’t have the crystal ball on timing, but this will occur.

The best way to buy precious metals is to purchase gold or silver “Eagles.” These are one-ounce bullion coins minted by the federal government. Very occasionally, they do something right.

Many governments around the world mint national bullion coins: South Africa has the well-known Kruggerand, which has lost some of its luster in recent years due to the unstable government scene down there, Canada has the Maple Leaf, China has the Panda, and Australia has the Kangaroo, just to name a few.

Ours, here in the United States of America, is called the Eagle.

There are countless bullion dealers throughout the country from whom you can buy American Eagles. I use and/or, but do your own due diligence so you find a dealer with whom you are comfortable. In addition, consult with your own financial advisor as to whether precious metals are appropriate for your situation. That said, I am a firm believer that precious metals should have some place in everyone’s investment reserves.

The investment markets have been a wild ride this year, with virtually all investment tips, some more than others. But with the Fed having pumped a cool $5 Trillion into the economy, and more to come, investors need to stay on their toes.

Markets can swing wildly and you need to be in front of them.

The best way to stay abreast of the investment markets: precious metals, crypto currencies, stocks, real estate, etc., is to subscribe to my newsletter, which gets you the monthly prediction and analysis of key investment markets. Also included for subscribers is access to an audio / visual presentation of the weekly “John Truman Wolfe Financial Hour.” 

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Keep Your Powder Dry.

John Truman Wolfe