When it comes to investing one’s hard-earned money, it’s good to seek the advice of experts. There are many options, including mutual funds, stocks and real estate.
Or, think about bullion gold and silver coins. “Gold and silver provide a great hedge against inflation, and insurance against the next depression or recession,” explained Barry Friedrichs. An economic consultant with Tereo Wealth Strategists, Barry’s goal is to help clients protect their assets and prepare for the changing economic future.
Barry sells bullion-grade precious metals in all forms, but he recommends U.S. and European gold coins, and U.S. and Canadian silver coins. Bullion coins are not collector-grade coins, he noted, because collector-grade coins come with a higher premium. Bullion coins are valuable because of their gold or silver content. “Gold and silver are the only monetary instruments that are not someone else’s promise to you,” Barry pointed out.
Even IRAs can be invested in gold and silver coins. They’re called Precious Metal IRAs.
Barry gave an example of how gold and silver are a hedge against inflation. “In 1914,” he said, “you could trade twenty dollars for a $20 gold piece, and use it to buy a suit of clothes and a Winchester rifle. Today, that coin is worth $1,500, and you could still use it to buy a suit of clothes and a rifle.”
Barry and his partner wrote the “Financial Crisis Survivor’s Guide,” and he offers it free to anyone interested.
For more information about investing in gold and silver coins, and a free consultation, call Barry at 970-672-3837 or go to www.tereowealth.com.
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