Wealth Autopilot System
Gold, silver, and other precious metals have high economic value due to their historic role as a store of value, scarcity, and use in industrial processes.
Since 600 BC, gold has been used as currency, starting as physical coins and ultimately turning into the gold standard. Even though there are no currencies backed directly by gold today, investors purchase precious metals like gold mainly as a financial asset and hedge against inflation and economic uncertainty.
Did you know that between 307 and 324 AD, the value of one pound of gold in Rome rose from 100,000 denarii (Roman coins) to 300,000 denarii? By the mid-4th century, a pound of gold was worth 2,120,000,000 denarii, making this an early example of runaway inflation that caused the collapse of the Roman Empire.
Precious metals are rare commodities that investors have long valued. Aside from gold and silver, investors' most favored precious metals are platinum and palladium. They are traded mainly as a portfolio diversifier and hedge against inflation today because their shelf lives are perpetual.
Traders and investors can purchase precious metals: by owning physical bullion or coin, derivatives markets, or exchange-traded funds (ETFs). The most favored precious metal is gold, followed by silver for investment goals. Fear of inflation, financial stability, and the heightened threat of war impact the demand for precious metals.
Traditionally, investors try to keep their assets during challenging economic times by investing in precious metals, such as gold and silver.
Precious metals may also be essential for commercial buyers for jewelry or electronics.
Fear of inflation, financial stability, and the heightened threat of war impact the demand for precious metals. Traditionally, investors try to keep their assets during challenging economic times by investing in precious metals, such as gold and silver.
In February 2009, the World Gold Council released a report that revealed the demand for gold increased sharply in the last half of 2008, the year of the Global Financial Crisis.
In 2021, the U.S. economy experienced 7% inflation, and prices continued to climb in early 2022. Holding a commodity like gold and silver can protect your wealth in the event of continued elevated inflation or currency devaluation and is a viable option for investors concerned about losing their purchasing power due to gradual increases in the prices of goods and services.
Gold is the most precious metal, consistently generating much attention from the financial media and market participants.
Gold has often been pursued as a safe store of value when there is a perception that banks and money as unstable and political stability is questionable. It is an asset that will maintain its value when real rates of return are negative in the bond, equity, or real estate markets.
Historically, war and political upheaval have always sent people into a gold-hoarding mode. A lifetime's savings can be portable and stored until traded for foodstuffs, shelter, or safe passage to a less dangerous destination.
Gold reached a peak inflation-adjusted price of roughly $2,200 in February 1980. Its price has generally risen in the past 20 years, reaching nearly $1924.77 as of April 2022.
After gold, silver is the most invested precious metal commodity.
Silver has been used as a form of money, and store of value for more than 4,000 years, although it lost its role as legal tender in developed countries when the silver standard ended in 1935.
Also, the Coinage Act of 1792 established that the silver dollar would be the unit of currency in the United States, creating the following silver coins: the silver dollar, half-dollar, quarter dollar, dime, and half dime.
Various silver-based instruments are available today for trading and investment. These include silver futures, silver options, silver ETFs, or OTC products like mutual funds based on silver. Silver is a commodity of high interest for market players who actively trade silver futures for hedging or price protection.
Silver is traded in dollars and cents per ounce like gold. However, historically, gold has been more expensive than silver.
Gold and silver serve similar purposes in an investment portfolio, and their prices tend to move together.
There are several ways investors add precious metals to their portfolios.
Those who want to have the metals directly can buy physical bullion, such as minted bars or coins, and then hold them in a safety deposit box. This method of ownership reduces counterparty risk but increases insurance and storage fees.
Other methods include purchasing shares in publicly traded companies exploring or producing precious metals and buying futures contracts for a particular metal and Mutual funds and exchange-traded funds (ETFs). Other methods include purchasing shares in publicly traded companies exploring or producing precious metals and buying futures contracts for a particular metal and Mutual funds and exchange-traded funds (ETFs).
Is there a more accessible and easier way to buy gold and silver?
We know that precious metals serve as safe-haven assets intended to limit losses during market turmoil. When the economy fluctuates, employment issues arise, or unexpected changes, owning gold and silver can protect you from all these challenges.
But how do you own precious metals?
What precious metals should you buy?
Who can you trust to purchase the items you want from?
How would you know you're getting the best deal possible?
How can you afford to buy more?
With 7k, you'll see that regardless of your financial circumstances or how much or how little you have to spend, buying gold and silver is easy and accessible.
7K gives you access to the power of precious metals through exclusive memberships, whether it's in bullion, popular graded coins, jewelry, or collectible low-mintage coins (some can only be found at 7K) at excellent prices.
7K eliminated intermediaries and built relationships with major suppliers worldwide to provide the best and give you the confidence to shop. Ultimately, you will save money and allow you to buy precious metals at more affordable prices.
Suppose you want to harness the power of gold and silver to achieve financial independence, maintain wealth, and lead an extraordinary life by deciding to become a member of 7k.
In that case, you need the Wealth Autopilot Marketing System.
Vick Strizheus has launched a webinar training on the Wealth Autopilot marketing system developed by Four Percent for 7k Metals' marketing program. Participants will know the proven approaches that Vick used to create his successful 7K Metal business within two weeks and marketing methods and techniques to yield revenue from selling gold and silver through the platform.
Sign up for the Wealth Autopilot Webinar developed by Four Percent for 7k Metals' marketing program if you want an automated online marketing machine to do the "heavy lifting" for you.
As JP Morgan said, "Gold is money, and everything else is credit."