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In economics, scarce (or rare) goods fetch higher prices simply because there are too few of them to go around. Since people around the world are constantly consuming very limited resources of precious metals, their valuation will only increase indefinitely over time as they become harder and harder to obtain or find. From a different economic meaning though precious metals offer a hedge against the currency a country produces. Because of the above mentioned rarity, precious metals have been known for centuries to be money. Like gold and silver for example. Plentiful and lasting. I wrote a white paper that explains this in more detail. You can download it for free here: www.fedupbook.com/whitepaper
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What is tri-state refining?
A Precious Metal Refining Company.
Where to invest in gold?
There are many places you can invest in gold for your retirement account. You want to be sure you can know you can trust the gold and precious metals company you invest with. You can check out mygoldrolloverira.com for a complete gold investment company review as well as receive your free gold investors guide.
can you convert shares of a 401A plan into precious metals ?
Information about conversion of 401K plan to precious metals and currencies can be viewed at http://seekingalpha.com/article/76542-currency-precious-metal-and-futures-etfs-don-t-get-caught-in-the-tax-trap
Why and how would like to invest money?
Why: a. To save money for your future b. To earn more money using the your hard earned money How: a. You can invest in bank deposits b. In the stock market as stocks, mutual funds etc c. In gold and other precious metals d. Etc.
How do you invest in precious metals?
Precious metals like gold and silver have been solid avenues for investment for ages. People have been investing in them in the form of jewellery, coins, bullion (bars) etc. We can follow these ways to invest in precious metals too. One of the latest developments is a gold ETF (Exchange Traded Fund). A gold ETF is like a mutual fund and each unit is worth one measurement of gold (usually a gram or ounce etc) you can buy and sell units like you do with mutual funds and every time you buy/sell the units gold equivalent to the quantity you buy/sell is added/removed from your account.
Is zinc a precious metal?
No, zinc is not a precious metal. It is a necessary industrial metal.
What element is the original precious metal?
iradium is the precious metal element apart from platinum
Brass is a precious metals?
is brass a precious metal
Is niobium a precious metal?
Niobium is a rare metal, good additive for stainless, but not precious - it is grey
A lump of precious metal iscalled?
a lump of precious metal is called at nugget if talking about gold
Where does the fund manager invest the fund?
It depends on the type of the mutual fund and also the investment objective of the fund. For Ex: A equity diversified fund would invest in a combination of large and mid cap shares whereas a debt mutual fund would invest in bonds and other government securities whereas a gold ETF would invest in the precious metal gold
Is uranium a precious metal found in Namibia?
Uranium is not a precious metal (as Au, Ag, Pt,.....) but is a valuable metal mined in Namibia.
Is gold a precious metal?
Yes. Gold is an extremely precious metal. It is one of the most expensive metals there is.
Precious metal used in pollution control devices?
Platinum, a precious metal, is used in catalytic converters.
Which is a better precious metal to invest in gold or silver?
It depends on how you look at these precious metals and what type of risk you are willing to take. Investin hold because it is less than volatile than silver, but silver has a higher reward for the risk because the price changes with the economy.
Is pewter a precious metal?
No. Pewter is a cheap metal.
Is a tin a precious metal?
All metals are precious as they are a finite resource. However, precious refers to the abundance of a product, and thus there is still a plentiful supply of tin and thus it is not classed as a precious metal.
