American Silver Eagle

Investing in Precious Metals: A Primer

For thousands of years, gold and silver have been admired and considered valuable. More recently, other metals like platinum have been added to the list.

The value of these metals tends to increase over time, so it’s usually a good idea to include precious metals in your portfolio, but how? Which ones should you buy and how should you invest in them?

Read on to learn more about precious metals and your options for investing in them. There are several ways to invest in platinum, gold, and silver.

Gold

Gold is easily the precious metal with the most trading activity. The laws of actual supply and demand do not largely affect the price of gold. There’s a lot of gold above ground that’s simply being hoarded, for lack of a better term. When these investors and hoarders get the urge to sell, the price drops.

When they feel like buying, the relatively small new supply is used up and the prices are driven higher. The price is largely a function of emotion or sentiment.

Factors that increase the desire to own gold:

  • Global financial concerns. When the population largely considers banks to be unstable, gold is frequently used to store wealth.

  • Inflation. Gold has history of maintaining its value during inflationary times. When inflation is increasing, it can be a good time to invest in precious metals.

  • War and political issues. These issues have also increased the amount of gold hoarding. An entire life’s savings can be made into a very small and portable form.

Silver

Silver has much greater industrial use than gold, so its price is a function of both its current desirability as a means to store wealth and its use in industry. Because of this, the price of silver fluctuates more than the price of gold.

Silver is used in batteries, microcircuits, superconductors, and more. At one time, the photography industry used a lot of silver, but digital cameras have almost completely eliminated that demand.

Platinum

Platinum is much rarer than gold or silver, so it tends to cost more than either, but this isn’t always true. Like silver, platinum is used in industry. The main use is in automobile catalytic converters. Because of this, the auto industry largely determines the price of platinum through the level of auto sales and production.

Platinum is the most volatile of the precious metals.

Options for Investing

  1. ETFs. Exchange traded funds offer a very simple way to invest in precious metals without have to store the metals yourself. You can think of ETFs like mutual funds that own and invest in precious metals.

  2. Mutual Funds and stocks. There are plenty of options here, the most common being mining operations. The price of mining shares tends to move with the price of the corresponding precious metal.

  3. Futures and options. If you want to make big bets on precious metals, this is the ticket. These derivative products offer the opportunity for big profits and big losses.

  4. Bullion. This includes coins and bars. You’ll need a safe place to store it, but if you’re expecting the worst, this is the best option. However, coins and bars aren’t as liquid as the other options.

  5. Certificates. These provide all the benefits of bullion without having to store it. But don’t expect to trade your gold certificates for anything of value if there’s a global economic disaster.

Precious metals are worth consideration for every investor. They offer excellent protection against inflation. They also have a very low – and even negative – correlation to many other investments like stocks and bonds.

Even a small investment in precious metals can reduce the volatility and risk in your portfolio. Look into precious metal investing and see if it makes sense for you.


When you subtract out the sleeping time, commuting time, working time, and time for things you have to do each and every day of your life, almost all people don’t have more than one or two hours each day to do what they like to do. And if they had the time, would they have the money to do it?

We have discovered a way for you to learn how to “Own Your Life” by building a home-based business and we have a system for doing it that is so simple anyone can do it. It doesn’t require selling, and the best part is it won’t take much of your time either. This System will work for any and all companies.

We’ll give you a FREE REPORT that will layout the basics of how to build a profitable home based business without doing any selling.

— Joe Jepsen
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table with computer that says just start

Why it’s Important to Start before You are Ready

How long have you been waiting to begin pursuing your goal or dream? Most people are stuck in a perpetual mode of waiting. Everyone is waiting for the exact perfect moment to finally pull the trigger and get started. This is a huge mistake. The perfect time is right now.

Time is more important than timing. Avoid wasting time instead of focusing on the getting the timing just right.

Consider these ideas to begin acting on your plans today:

1. You’ll never be ready. We love to stall. It’s in our nature. If you wait until you’re ready, you’ll still be waiting on your deathbed.

◦ Do you know what the first step is? That’s all you need to know. Just do it and you’ll figure out the rest along the way. It’s like walking up the stairs. You only need to see one step at a time to make it to the top.

2. The perfect time will never happen. Again, you’ll be waiting until your funeral. There will never be a good time to get started. There will always be a viable excuse. All of the variables will never be in perfect alignment. The most perfect time you’re going to get is right now.

3. The sooner you get started, the sooner you can be successful. The advantages of getting started now are numerous. Perhaps the most relevant is the fact that you can achieve your goals sooner. The sooner you begin any journey, the sooner you reach your destination.

4. Your natural tendency is to wait too long. We always wait too long. When is the last time you did something too soon? Everyone else is waiting. Be the person that doesn’t wait. Fortune favors the bold, so be bold.

5. Your natural tendency is to value information too much. We want to know everything there is to know before we take the first step. Unfortunately, we can’t know everything. Life sometimes unfolds in unpredictable ways. You know more than enough to get started. Just do it.

6. The most successful people make decisions quickly and stick with them. The least successful people are terrible at making up their minds. They’re eternally conflicted for a variety of reasons, primarily fear. Give yourself a time limit to make a decision and then run with it.

◦ A decent decision, made quickly, that you stick with, is better than a great decision, a year from now, that you can’t maintain.

◦ Practice making decisions quickly and moving forward with them. This is a great habit to develop.

7. The sooner you take action, the more you’ll learn. Action leads to results. You learn something each time you get a result. You’re not producing any results while you’re sitting around waiting for the perfect moment to act.

8. Action leads to inspiration. Most people falsely believe that they’ll take action when they feel inspired. But the opposite is true. Action leads to inspiration. Inspiration leads to even more action.

Why are you waiting? The most honest answer is fear. If you never get started, there’s still hope, since you can’t know for sure that your plans won’t work. If you never begin, you can’t fail.

However, the opposite is true, too. If you never get started, there’s no real hope of anything better. If you never begin, you’re guaranteed to fail.

Take a deep breath and get started today. You’ll never be 100% ready or comfortable, so you may as well begin right now. Now is the moment to change your life.


When you subtract out the sleeping time, commuting time, working time, and time for things you have to do each and every day of your life, almost all people don’t have more than one or two hours each day to do what they like to do. And if they had the time, would they have the money to do it?

We have discovered a way for you to learn how to “Own Your Life” by building a home-based business and we have a system for doing it that is so simple anyone can do it. It doesn’t require selling, and the best part is it won’t take much of your time either. This System will work for any and all companies.

We’ll give you a FREE REPORT that will layout the basics of how to build a profitable home based business without doing any selling.

— Joe Jepsen
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couple watching fireworks on a downtown river

Do you have a Passionate Dream?

It’s a New Year. We have kicked 2020 to the curb. Now is the time to make THIS year everything that we wanted the past year to be.

It’s been a rough time. COVID scares (we all tested negative), health issues.. kids going virtual.. then back to school, then virtual again. Government run by senile old people, no matter who gets elected. One thing is clear, to be free means more than JUST surviving. It means finding your WHY and making your life better ON Purpose, and not waiting for things to get better.. there will always be some virus, incompetent positions, and panicked people. It’s time to ‘come alive’ and live the life that you REALLY want.

Sometimes, life can feel a little bit like you’re just trying to survive. If you come home from work every day feeling tired and listless only to lie on the couch and if you are constantly stressed and aggravated while you’re at work… then what is it that you’re living for?

The problem is rest. Many of us work so that we can rest. But then when we do get a chance to rest, we don’t feel very rewarded because ultimately rest normally just means staring at the TV or playing video games. That’s hardly rewarding!

So what do you do instead? How do you make yourself ‘come alive again’?
Simple: you re-engage with your passions – your reason why.

We All Had Dreams

All of us have dreams and passions. At some point, these dreams and ambitions are what put you on the path you’re on now. Perhaps your aim was to work that job just long enough to earn the money you need to fund your dream. Or perhaps you’re working because you found a partner you loved and you were willing to postpone your ambitions for them.

Neither of these attitudes are wrong but if you have lost sight of why you started putting in the time and work in the first place, then something has gone wrong. If you’ve lost a reason to work, then you will just be listless and cruising through life.

So what do you do? You reignite those passions and you chase after them again!

Ask yourself: why is it that you do what you do? Where do you see yourself in the future? What are your beliefs and your values? What were the things that gave you direction when you were a young teenager? And how can you get yourself back on track?

The problem is that many of us feel that our passions are ‘silly’ or maybe they’re ‘childish’ or they’re irresponsible or even impossible. Thus we end up just burying them for more respectable aims like ‘being area manager’. But who said that being area manager of a staple company was more respectable than being an activist or an artist or a full time work-at-home parent?

The point is that you don’t have to give up your job or your responsibilities. You just have to keep the burning passion alive so that you’re pursuing it when you can. When you do this and you remember the ‘why’, then life will have meaning and direction again.


When you subtract out the sleeping time, commuting time, working time, and time for things you have to do each and every day of your life, almost all people don’t have more than one or two hours each day to do what they like to do. And if they had the time, would they have the money to do it?

We have discovered a way for you to learn how to “Own Your Life” by building a home-based business and we have a system for doing it that is so simple anyone can do it. It doesn’t require selling, and the best part is it won’t take much of your time either. This System will work for any and all companies.

We’ll give you a FREE REPORT that will layout the basics of how to build a profitable home based business without doing any selling.

— Joe Jepsen
Continue Reading