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Investing in Gold & Silver
By Early Retirement SG  •  June 25, 2020
I did some research on Gold and Silver previously cos I was interested in them as alternative investments. Both of them are considered precious metals, along with platinum and palladium. But Gold and Silver are more mainstream cos... well... historically, people know them as currency. It's real money. Real physical money, only a couple of hundred years back, people actually paid others with physical lumps of these precious metals. As I did my research, I came down to a conclusion... Gold has retained it's status as a "reserve" store of value, however, silver has lost it's place. Gold and silver used to be used as currency cos it's pretty to look at, and it's rare. Throughout the whole world, gold and silver were used as currency. However, silver is no longer rare. Gold on the other hand has gotten rarer. ​Industry trade group The World Gold Council estimates that since that first gold bead was smelted, humans have mined...
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By Early Retirement SG
Male, born in 1982. Graduated with a degree majoring in Banking & Finance, Financial Adviser for a period of time resulting in in-depth knowledge of insurance products and marketing techniques of the industry ...
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