Gold & Diamond Money

Most people in the world may view Gold or Diamonds as a symbolism of status. It would seems as if it's some type of human decorations. Designers does an exquisite job of crafting these materials to make it look extra beautiful and attractive. Other precious metals are silver, platinum, palladium, and ruthenium.

Precious metals are great for diversification as I always teach here at CGEI. Gold is considered the top dog, while platinum, which, is much more rare and more precious than Gold. Most people can get their hands on precious metals like platinum by simply going to a jewelry store, but that is not considered an investment.

Precious metals, particularly Gold, works adversely to world economies. The value of Gold goes down when the economy is up, whereas, the value goes up when the economy is down. Just like silver works in adversity to Gold. When gold is up silver is down.

To be an official investor in precious metals, which is great diversification for your portfolio, can simply buy stocks in a company like Barrick. Other ways to invest in Gold is by signing up to companies like the Oxford Gold Group. You have a choice to invest in Gold backed IRA or physical Gold which comes with a certificate. The same goes for diamond investing, it's best to go to a legitimate diamond broker.

Precious metals is an illegal business as well. Criminals may use precious as a way of laundering money. Most precious metals are sold in the underworld. It's definitely big business. We don't condone or promote criminal activity at CGEI.

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