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Gold and silver have been valued by numerous civilizations for over 5,000 years. It offers investors a way to stabilize their investments. If you invest solely in the stock market you are wagering all of your savings on a volatile market. The stock market can sink if the economy goes into a depression. The stock market relies on business being financially productive in order for the investment to pay off. Gold, silver and platinum prices vary from the stock market prices which make it a good idea to diversify some of your investments.
What purposes and true value do these precious metals offer? Why invest in a hunk of metal? These metals are in demand for certain types of applications. Besides the glitz of jewelry and decorative items, there are many practical applications for these precious metals.
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