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Gold, silver - precious metals as crisis currency

Statistically speaking, central banks are buying slightly less precious metals this year than they did the year before, but they are still investing in the precious metals. In 2014, 148.2 tonnes of gold were purchased, compared to 448 tonnes in 2012.

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3 gold bars and 3 silver bars stacked on a desk.

Gold in sport

Gold is and remains a front-runner among financial investments, followed by silver and other precious metals. The crisis currency of precious metals was already appreciated in the days of treasure hunters, but still finds great appeal today. At all sporting events, such as now most recently in Le Mans for Porsche, there is already gold and silver for the winner, as these precious metals are always highly valued. Precious metals remain in the long run the winners since gladly in silver and gold is invested, both as raw material in addition, in form of coins.
Many serious experts advise their customers to continue to invest in the precious metals, because these are indeed now and then weaken in price, but generally still the crisis currency par excellence and even if there are short declines, yet remain permanently stable in value. In any case, they are still safer than Spanish real estate.

Central banks continue to buy gold

The behavior of the central banks is not only interesting, it is also an important interpretation for all those who want to invest in the crisis currency themselves. Statistically speaking, the central banks are buying slightly less precious metals this year than the year before, but they are still investing in the precious metals. In 2014, 148.2 tons of gold was purchased, compared to 448 tons in 2012.
The numbers are a little lower but the target remains the same: the central banks remain true to their style and say that the crisis currency is still stable and also gladly considered as a substitute currency.

For private investors

Silver and gold should not be used by private investors as an object for speculation, but as a hedge against fluctuations in the financial system. Also in the future, theoretical distortions that reduce the value of money cannot be ruled out, especially if the loans are increased again and again and become larger and larger in volume.

Professionals from the wealth management industry recommend their private customers to invest about 10 % of their own assets in silver and gold as a crisis currency.
According to calculations, an average household has about 50,000 euros in reserves, so the average value is 5,000 euros.
A gram of gold has the purchasing power today as it did 24 hours ago, 240 years ago or 2400 years ago, so buying it is still worthwhile and the investment is really safe. Real estate is more likely to lose value than the coveted precious metals.

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