Chapter 15

All That Glitters: Investing in Gold, Silver, and Platinum

IN THIS CHAPTER

Bullet Getting access to gold investments

Bullet Making money in silver

Bullet Exploring investments in platinum

Metallurgy and civilization go hand in hand. The human ability to control metals has enabled the development of modern society and civilization. As a matter of fact, human prehistory is classified by using a three-age system based on the human ability to control metals: the Stone Age, the Bronze Age, and the Iron Age. Societies that have mastered the use of metals in weaponry and tool making have been able to thrive and survive. Societies without this ability have faced extinction.

Similarly, investors who have been able to master the fundamentals of the metals markets have been handsomely rewarded. In this chapter, I introduce you to the fascinating world of precious metals, which includes gold, silver, and platinum. These metals can play a role in your portfolio because of their precious metal status, their ability to act as a store of value, and their potential to provide a hedge against inflation. In this chapter, you discover all you need to know to incorporate precious metals into your portfolio. ...

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