While investors can make money from a precious metal investment, it's not the only benefit to know about.
Savvy investors are always on the lookout for ways to both grow and protect their money. This is especially true in today's economy, with stubborn inflation and decades-high interest rates designed to tame elevated prices. With the performance of stocks and bonds uneven, many have turned to alternative investments to help diversify their portfolio. One such asset is gold, with investments in the precious metal hitting an 11-year high earlier this year.
'Now, a child born then would have almost $20,000, perhaps just enough for a down payment on a starter home. Clearly gold has outperformed inflation during that period. And that's the point, over the long-term gold will never let you down, at least it never has for the last two thousand years or so.'Learn more about the benefits of gold investing here now.
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