07.03.2014 - 3 shining precious metals ETF picks
There is no better insurance policy for your portfolio than precious metals. I buy them as stores of value and pray the price trends down. Why? Because most likely everything else I own would trend up. For example, even as gold lost around 20% of its value in the first three quarters of 2013, the S&P 500 rose by a similar amount. So I repeat: I do not buy precious metals to profit from a rise in price or to sell to someone else. If they should soar in price due to the destruction of the fiat dollar (likely), I not only will be glad I own every ounce that I now own, but will also wish I had bought a whole lot more...............................................Full Article: Source
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