Precious Metals Gold & Silver
Supplementing a portfolio with physical precious metals, such as gold and silver, can be a smart strategy to achieve diversification and stability. Here are some reasons why this can make sense:
1. Safe haven
Gold and silver are traditionally regarded as safe havens in times of economic uncertainty or turbulence on the financial markets. Their intrinsic value and limited availability make them a hedge against inflation and currency risks.
2. Portfolio diversification
By adding physical gold and silver to a portfolio, investors can diversify their risk and reduce the correlation to other asset classes. This can help to reduce the overall volatility of the portfolio.
3. Long-term preservation of value
Gold and silver have maintained their value over the long term throughout history. They offer a form of asset protection that is independent of economic or political developments.
4. Protection against inflation
In times of rising inflation, physical gold and silver can help to preserve the purchasing power of the portfolio. As precious metals often have an inverse correlation to inflation, they can help to preserve the value of the portfolio.
Overall, physical gold and silver can be a valuable addition to a diversified portfolio by providing stability, security and long-term value preservation. The Wavealert portfolio app therefore also offers the option of adding physical holdings of gold and silver to your portfolio.