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Stock Market Analysis and Personal Finance. Mr. Bernstein Precious Metals, Gems and Collectibles, pp 361-369 May 6, 2013. Stock Market Analysis & Personal Finance Mr. Bernstein. Gold and other precious metals Often purchased as a hedge against inflation
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Stock Market Analysis and Personal Finance Mr. Bernstein Precious Metals, Gems and Collectibles, pp 361-369 May 6, 2013
Stock Market Analysis & Personal Finance Mr. Bernstein Gold and other precious metals Often purchased as a hedge against inflation Gold is often considered a currency which is not affiliated with any particular country or government Gold often rises when people believe war or other political uncertainties are on the horizon
Stock Market Analysis & Personal Finance Mr. Bernstein How can one invest in Gold or other metals? Gold bullion Stocks whose price moves with the metal (ie gold mining companies) Coins or jewelry ETFs
Stock Market Analysis & Personal Finance Mr. Bernstein Other Precious Metals Silver, Platinum, Palladium May have industrial uses which can affect price
Stock Market Analysis & Personal Finance Mr. Bernstein Precious Gems Diamonds, Sapphires, Rubies, Emeralds Wear as jewelry or store in safe deposit box Get stone certified by independent laboratory* Thought to be inflation hedge Can be illiquid, with high transaction costs *- Note ratings can be inconsistent and are not guaranteed to relate to market value
Stock Market Analysis & Personal Finance Mr. Bernstein Collectibles Examples: Rare coins, art, antiques, stamps, rare books, sports memorabilia, rugs, ceramics, guns The internet has made buying, selling and following collectibles efficient and convenient Quality can be difficult to determine online Learn all you can before buying and work only with reputable dealers or auction sites Beware of fraud!