Perils of Purchasing Precious Metals & Coins

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Precious metals are a class of metals deemed rare or highly valued, such as gold, silver, palladium, and platinum. Such metals can be bought and sold in the form of bullion bars, ingots, or coins. Due to the size and weight of the goods, investment firms typically transfer the title of the metal instead of the metal itself, which often remains in storage under the care of the firm or its affiliates. Like all commodities, the price of precious metals fluctuates. Still, the metals are perceived to be the safest form of investment, as they can be less volatile than the stock market. This book discusses the perils of the precious metals market. This also includes investing in bullion and bullion coins and collectible coins.