When the stock market takes a dive, it's natural to worry about the value of your investments. But what happens to gold price when stock market crashes? The answer is that gold is likely to rise, rather than fall. Silver may depend on whether it is in a bull market. Investing in precious metals like gold and silver can be a great way to secure your investments during recessions and other financial crises.
But is it worth it? Is it beneficial for your portfolio to diversify and place between 10 and 15% of your assets in gold and silver ingots and coins?The experts at SuisseGold, eu recommend that customers diversify their portfolios by investing between 10 and 15% of their assets in precious metals. The best time to invest in gold, silver, platinum or palladium is when the stock market is strong and the prices of precious metals are weaker. This way, investors can take advantage of a recession and reap the rewards. Even when President Roosevelt set the price of gold in the 1930s, Homestake Mining shares were the largest gold producer in the United States.
If farmers get a low-yielding harvest after a bad monsoon season, their collective failure to buy gold affects gold investments across the country. The only major sale of gold (-46 percent in the early 1980s) came just after the largest gold bull market in history. Despite President Roosevelt setting the price of gold in the 1930s, shares in Homestake Mining, the largest gold producer in the United States at the time, rose more than 100%.It's always a good idea to create a diversified portfolio that includes stocks, bonds, real estate, and precious metals. Investing in gold and silver can be a great way to protect your investments during recessions and other financial crises.
By diversifying your portfolio with between 10 and 15% of your assets in precious metals, you can take advantage of a recession and reap the rewards.
