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    The document discusses investing in precious metals such as gold, silver, and platinum. It provides details on how to invest, such as through mining company stocks/funds or by acquiring physical bullion bars or coins. Examples of companies that buy and sell precious metals are listed. Performance indicators show gold prices have doubled since 2007 while silver has declined slightly from previous years. Platinum fluctuates more than other metals but is increasing steadily. Potential pros of investing in precious metals include hedging against inflation and serving as an intrinsic store of value. Cons can include metals not being used as currency anymore and jewelry trends being related to fashion. The article supports the group's evaluation that precious metals present a relatively stable and low-risk investment

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    The document discusses investing in precious metals such as gold, silver, and platinum. It provides details on how to invest, such as through mining company stocks/funds or by acquiring physical bullion bars or coins. Examples of companies that buy and sell precious metals are listed. Performance indicators show gold prices have doubled since 2007 while silver has declined slightly from previous years. Platinum fluctuates more than other metals but is increasing steadily. Potential pros of investing in precious metals include hedging against inflation and serving as an intrinsic store of value. Cons can include metals not being used as currency anymore and jewelry trends being related to fashion. The article supports the group's evaluation that precious metals present a relatively stable and low-risk investment

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    15 views9 pages

    Precious Metals: Kari, Jeff and Dan

    Uploaded by

    api-97353646
    The document discusses investing in precious metals such as gold, silver, and platinum. It provides details on how to invest, such as through mining company stocks/funds or by acquiring physical bullion bars or coins. Examples of companies that buy and sell precious metals are listed. Performance indicators show gold prices have doubled since 2007 while silver has declined slightly from previous years. Platinum fluctuates more than other metals but is increasing steadily. Potential pros of investing in precious metals include hedging against inflation and serving as an intrinsic store of value. Cons can include metals not being used as currency anymore and jewelry trends being related to fashion. The article supports the group's evaluation that precious metals present a relatively stable and low-risk investment

    Copyright:

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    Download as PDF, TXT or read online from Scribd
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    of 9

    Precious Metals

    Kari, Jeff and Dan

    Savings/Investment
    Precious Metals
    Gold- electronics and high-tech components Silver- jewelry, silverware, and photography Platinum- medical and automotive equipment How to invest Stocks/mutual funds in mining companies Acquire bullion bars (bricks of metal) or antique coins Examples Monex Precious Metals- outright cash, secure storage, and metals trading Northwest Territorial Mint- buy and sell bullion Gold IRA- Individual retirement account based in precious metals

    Performance Indicators- Gold


    Price of gold has doubled since 2007 Price is on steady rise

    Performance Indicators- Silver


    Currently at $23.66/oz; a slight decline from previous years Annual average return of 24%

    Performance Indicators- Platinum


    Price fluctuates more than other metal Increasing steadily

    Pros
    Can hedge against inflation A global form of currency Can take possession of your investment In short supply putting upward pressure on prices Not correlated with other markets Intrinsic value that cannot go to "zero" Convenient to buy and sell globally Reduce portfolios risk against dollar devaluation

    Cons
    Investment may not reflect the actual price Jewelry can be related to fashion trends Not used as currency any more Long term investment

    News Article
    FOCUS: Speculators Still Cautious Regarding Precious Metals -- CFTC (Found on Forbes) Summary: The article reports how precious metals have been doing lately in numbers. Interpreting:

    The article was very hard to understand because it used advanced vocabulary and included a lot of hard facts in numbers. They are harder to deal with than if it was opinion based with facts to back it up.

    This article supports our group evaluation of Precious Metals

    Group Evaluation
    Invest?
    Yes

    Why?
    Relatively stable Low risk, with decent return Tangible investment (in acquiring bullion or coins)

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