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In the past several years, you may have been urged to sell your gold and silver or to invest in more. Did you know that the prices of these metals fluctuate over time? While these prices do change, gold and silver are known for their relative stability in the national economy. If you’re wondering what benefit there is to investing in metals other than to own a nice piece of jewelry, consider the following benefits of getting involved in the metal market.

Why Invest in Gold & Silver?

One of the best reasons to invest in gold and silver is that such metals are one of the only stable items of value. Unlike the rise and fall of the stock market and the real estate world, bullion offers buyers and sellers more stability. This is because precious metals have intrinsic value — they’ll always be appreciated and valued by the average consumer, regardless of the economy. Some are also well-regulated for quality. According to the Gold Bullion Act of 1985, the American-made American Gold Eagle coins must be assessed and guaranteed by the national government for weight, purity, and content. Conversely, the U.S. dollar isn’t backed by any intrinsic value — it is only relevant because the population continues to use it and attach a numeric amount to it.

Why Now?

Igold and silverf you’re looking for a respite from the instability of the dollar, it pays to invest in gold and silver. As the U.S. dollar goes up in value, gold decreases. It makes sense to invest when gold and silver prices are low so you can cash in on a higher selling price in the future.

 

If you’re interested in buying gold and silver to start a promising nest egg for you and your family, stop by R & S Rare Coins today. This Cabool, MO, shop offers everything from rare coins to safes and collectibles, and they’ve been serving Texas County residents with buying and selling precious metals for over 20 years. Call them at (417) 962-5213 to speak to a friendly staff member about their offerings, or visit their website for more information.

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