Investing in Precious Metals (Mainly Gold and Silver) Explained in One Minute



Precious metals such as gold and silver have had value since... well, since pretty much forever. There's definitely room for them in each and every portfolio but understanding a thing or two about precious metals before starting to buy gold or silver is a must. Investing in precious metals with a "get rich quick" attitude is, in my opinion at least, a mistake. A mistake a lot of people unfortunately make, people who treat gold and/or silver as the Holy Grail of personal finance when, let's face it, that's definitely not the case. Let's approach this asset class with a realistic attitude in order to find out what precious metals can and can't do for you! Please like, comment and subscribe if you've enjoyed the video. To support the channel, give me a minute (see what I did there?) of your time by visiting OneMinuteEconomics.com and reading my message.

Comments

  1. Should i invest in silver ?
  2. Is it good idea to invest in silver ?
  3. I hear a lot of people say that one should not expect gold to do much more than to keep up with inflation but what happend when people bought gold at $250 and it was worth north of $1800?
    That's more than keeping up with inflation. I think similar opportunities will exist going forward but on a larger scale. I do expect gold to do more than just keep up with inflation especially long term.
  4. Great video gold is such a great investment for so many reasons.
  5. Awesome video thanks for this!
  6. there is a reason banks, and governments (who aren't in debt) are buying gold. China has been buying more than any country
  7. Nice, simple, and to the point. Yee!

    -Cheers
  8. Excellent video man. I just discovered your channel and I'm pretty impressed. I'm no pro, but I just wanted to say don't be afraid to make your videos longer. Minutephysics used to be called One Minute Physics and he tried to make his videos around 1 min, but he found that it limited him a little. It's a give and take between depth and brevity. Sorry if that's a little preachy, and keep up the great work!
  9. I like all yer videos.
  10. Nice video! I can't get over the fact you sound like Coyote from the yt channel Brave Wilderness


Additional Information:

Visibility: 5264

Duration: 1m 26s

Rating: 52