Chapter 1
Beginning with the Benefits and Risks of Metals
IN THIS CHAPTER
Understanding the need for metals in your portfolio
Getting a look at the benefits for investors
Taking a glimpse at the benefits for traders and speculators
Checking out the other side of the coin: metals’ risks
Investments are generally intangibles; you can’t touch or taste them (not that you would want to munch on a stock certificate), but they are more or less abstract things. On the other hand, precious metals — like gold and silver — can be beautiful things that you can actually hold and admire. Fortunately, the beauty can also extend to your wealth-building picture as well. This chapter covers the benefits of precious metals and their related investments. Don’t be mesmerized, though; this chapter also goes into the ugly side of metals (risk).
Protecting Your Portfolio Against Inflation
Inflation is one of the greatest dangers to your investing and wealth-building pursuits. Many people make the common error of thinking of inflation in terms of its symptoms instead of seeing inflation for what it ...
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