Down Again

According to the newspapers we may be heading into a second part of this recession. We are seeing things like the rate of inflation moving upwards with the employment sector unlikely to provide pay increases to counteract it. All in all, the standard of living will be hit.

Another downturn in the economy would prolong the suffering we are already doing. But one thing that tends to happen during a recession is that investors move away from products like property and stocks as a place to invest their funds, and they move towards precious metals.

For example, you could invest in silver. Silver is available as a coin or in the form of an ingot. Demand for silver is greater than the levels of production, so the price has seen increases of late.

Gold is also a success story during times of economic instability. Once again, you get it as a coin, as an ingot or as bullion. It means you have a physical item that is your investment. That is far more certain than some shares in a company that could go under.