Precious Metals, including gold, silver, platinum, and other rare metals, have proven over time to be a reliable hedge against the ravages of inflation. It is said that, back in the late 1800's/early 1900's, a gentleman could purchase a fine suit with a gold $20 coin, which has almost 1 full ounce of gold, plus have change left over to take his loved one on a dinner date. Today, that same $20 gold coin is worth about $1800, which can be used to buy a suit plus have money left over for a dinner date. So we agree, in principle, that precious metals can be an effective tool to protect against rising prices, but we also know that short-term investing in precious metals can be risky and may result in loss of principle, so we advise people to invest for the long term. We also recommend that it may be wise to invest 5% to 15% of one's overall portfolio in precious metals.
We are more than just wanting to sell or buy precious metals...We offer wholistic advice from a perspective of comprehensive retirement planning. If you know nothing about investing in precious metals, feel free to contact us and we will provide information. In fact, we can explain the differences between coins and bullion, for example, and we can talk with you about the pros and cons of owning precious metals directly (physical products) versus, for example, gold-backed IRAs.
If you decide you want to own physical gold or silver, we offer bargain-basement pricing on whatever products you decide to purchase-- most likely you will not find lower prices anywhere, and we will pay you more than others if you want to sell your holdings. Even if you do not make a purchase, we love talking about precious metals investing. We encourage you to shop around, but before you buy from anyone else, give us a call and we can give you a quote.
We also provide advice on liquidation of estates in the San Antonio, Texas area. So if you have a bunch of "stuff" and don't know what to do with it, we can offer advice and we would be willing to purchase portions of estates dealing with precious metals, bullion, coins, and fine jewelry.
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