Precious Metals: Gold and Silver

Precious Metals have a 3000+ year history of having and retaining value due to the intrinsic value that the metals have and their limited availability. They have consistently been used as money for those reasons and, as you know, the currency that we now have was once backed by gold and derived it's value from that backing.

Adding precious metals to your portfolio can give you true diversification by giving you access to the physical asset class which most people lack. History has shown that precious metals tend to have an inverse relationship with currency based systems like the stock market so historically as the stock market has gone down, precious metals have gone up. This can provide investors with a great, and much needed, hedge against economic downturns that would otherwise wreak havoc on their portfolios.

If you don't have precious metals in your portfolio right now then, quite frankly, you are lacking this hedge position. So get precious metals...as quickly as you can. Just be sure to get the right precious metals so you can be absolutely sure that they are actually providing a real physical asset and the diversification you're after.

If you've already invested in precious metals then, hats off to you, you're on the right track...just be sure you read on to see if you currently have the right precious metals holdings currently.

The vast majority of investors who believe that they have taken the steps necessary to diversify their portfolio and add a precious metals position are gravely mistaken.

You may be wondering...how can this be?

You may even have a position in precious metals and be particularly concerned...if so, you've come to the right place and it's a good thing you're here right now.

You see, nearly everyone who believes they have precious metals in their portfolio actually have only another paper asset in a Gold ETF or a Gold Mining Stock that has absolutely no real physical precious metals backing it. To be perfectly clear, Paper Gold, in these forms is not precious metals and does not provide you with any sort of hedge that will help protect you against financial loss.

That's right...plain and simple. If you're holding Paper Gold right now, it's not providing the diversification or protection you may have been told it would.

Now, if on the other hand, you've taken the steps necessary to take direct legal ownership of physical precious metals then you're much better off than the other investors holding paper gold...maybe.

What?! Maybe? Why the maybe?

Here's why...There are some inherent dangers when it comes to holding real physical precious metals that you need to consider. It's much different than most of the other investment vehicles that people, like you, may use so it's important to bring these up so you're not exposing yourself and your family to them.

The first is that unlike the stocks that you hold or the property that you own...you are at risk of theft with precious metals. Remember they have intrinsic value and for that reason they are extremely liquid. This makes them very attractive to thieves and there are countless stories of people who had "secret" stores of precious metals in or around their house that were stolen completely unbeknownst to them. In fact, there are many people who have lost the majority of their wealth overnight due to theft and there is nothing you can do about it.

That's right. Nothing.

The FBI reports that less than 4% of the reported stolen precious metals are ever recovered and returned to their rightful owner. Since the risk of theft is so high and there is no real way to successfully protect precious metals at home, insurance companies won't even go near them. If you're curious, call your homeowner's insurance company and ask them how much precious metals they will insure for you. The best we've seen is about $10,000 worth and that's anywhere between 6-10 one ounce gold coins depending on where the spot price happens to fall today. Not exactly going to cover the hedge position that you're after, is it?

Outside of theft, the other major danger that most gold investors overlook lies in government confiscation. You may be thinking..."that could never happen in the good old U.S. of A., right?" Well, when you look back in history you'll find that not only can it happen...it's happened five times. The most recent time is the one you'll likely find on the internet. Executive Order 6102 was signed by the President in 1933 and people were ordered to hand over their gold or face a $10,000 fine($178,316 in today's dollars) or up to ten years in prison.

It's clear that the lender of last resort when the government is experiencing major economic issues is it's most responsible and financially sound citizens. An interesting strategy, to say the least, and yet it has been the case many times throughout history in the United States and we've seen it recently all over the world.

So then, what's the answer? How can you protect your wealth with a physical precious metals position and ensure that it will be safe from theft and government confiscation?

I looked for years to find a solution that I felt confident in and after vetting virtually every program available in the world I found the solution I'd been looking for.

Shortly after protecting my own wealth in the program it became clear to me that other people were looking for a similar situation so I became a program partner and I'm proud to say that here at Nabers Financial Group we can provide you with a real solution to protecting your wealth and positioning it for the massive growth opportunities that physical precious metals ownership can provide you with.

If you'd like to find out more about how you can use this program to get physical precious metals that are fully insured and legally out of the reach of the government then I encourage you to set up a Discovery Session to see if we can help you.