Precious metals are a smart investment

Where to invest money to be safe and to make the investment more profitable compared to the money in the bank? Precious metals are among the safest investments.

When we decide to invest some money somewhere and hope it will pay off for us, we have a bunch of options. It depends on how much money we have at our disposal, how much we are willing to take risks and a number of other factors. Real estate, cryptocurrency, precious metals? Peter SlapÅ¡ak of Elementum doo has been investing for 15 years – and his answer is precious metals.

As a technology enthusiast, investing in cryptocurrency seems like a good decision. Why invest in precious metals?

One of the main differences is the high volatility of cryptocurrencies, which we are not used to investing in gold and silver. Another difference is that you do not have cryptocurrencies in your hands, as is the case with investment gold and silver. Of course, both have their pros and cons. Depending on which side we’re looking at. Investing in gold and silver has been around for thousands of years, investing in cryptocurrencies for only a few years. Judge for yourself what kind of investor you are and what risk of price fluctuations or property value losses you are willing to accept.

So why would you advise someone to invest money in gold and silver?
Most of them want to reduce the risk of their investments and maintain the true value of their assets in a safe manner. Historically, assets in gold and silver held the real value of the assets much better than a bank deposit. You can also sell gold and silver instantly because it is a very liquid investment. Of course if we are talking about investing in gold and silver. Over the past 15 years, the average annual return has been more than 9% annually, which is much better than a time deposit or time deposit in a bank.

We are in pre-holiday season. We are often without gift ideas. Can investing in gold or silver also be a great gift?

naturally. We also offer gold or silver investment as a gift for birth, wedding and similar occasions. Why not give one on this occasion a New Year’s gift. You can spend very different amounts on this gift. Silver tiles can also be a great gift, and you can buy them for less than $100.

Due to the short tradition of buying gold and silver to invest in Slovenia, there is a great prejudice that you need a lot of money to buy gold or silver. In fact, this is not true. However, it is true that if you are buying smaller units, it is good to know that the price per gram is going up. Therefore, in order to get the most pure gold and silver for your money, I recommend that you take the time before your first purchase and talk more with the provider of precious metals.

How has the COVID-19 pandemic affected the precious metals trade?
The volume of trade in precious metals witnessed a sharp increase in 2020 and 2021. This coincides with several factors. One factor is certainly the pandemic, which has added to public uncertainty. In 2021, demand is affected by two factors. Inflation or rise in prices in the market for raw materials and foodstuffs and the introduction of negative interest rates for individuals by banks.

What exactly is the difference between gold and silver?
The main difference is that gold is accumulated and silver is consumed. Most gold is used to make jewelry, gold coins, and gold bullion. In the case of silver, the opposite is true. Most silver is used in the manufacture of various products. Right after oil, silver has the largest number of different uses. Silver is often irreplaceable due to its unique properties and price. We are in a period when industrial consumption and investment demand are increasing very rapidly. Therefore, silver prices are expected to rise.

Which precious metal you choose to invest, as not only gold and silver are available, depends a lot on your desires and goals. However, it should be borne in mind that we recommend investing in precious metals for at least 3 years or more. With us, the origin of your investment sticks will be fully known, and you will also receive an invoice at the time of purchase. At Elementum, we work with Mint, which has the world’s longest-running ‘good delivery’ status. It’s mint omicure. If you do not have diversified assets in precious metals yet, this is a good time to buy due to realistic negative interest rates and rising inflation. You can also choose between a one-time purchase or a monthly purchase of gold or silver, which has proven to be a great alternative or addition to your existing second pension pillar or other annual savings. (Public relations)

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