One of the attractions of gold and silver is that both can be purchased in a variety of investment forms:
Physical Metals: Unlike stocks and bonds, gold and silver can be purchased as physical assets, as either bars and coins held as part of a 7 Figure Hive brokerage account or as American Eagle coins held in a retirement account. The metals would be held by a third-party depository, not 7 Figure Hive , though investors can take physical delivery if they want to store it themselves.
Exchange-Traded Funds: ETFs have become a popular way for investors to gain exposure to gold and silver, without having the responsibility of storing a physical asset. You can buy shares and keep them in a traditional brokerage account. The fund’s operator is responsible for handling the costs of holding a physical supply of gold or silver and charging an expense ratio. But investing in an ETF doesn’t give investors access to the underlying metals. Also, some precious-metal ETFs are taxed as collectibles and don’t benefit from lower longterm capital gains rates.
Mining Stocks and Funds: Some investors see opportunity in owning shares of companies that mine for gold and silver, or mutual funds that hold portfolios of these miners.
Connect with your 7 Figure Hive Financial Advisor to determine how adding gold or silver to your portfolio might help you achieve your long-term financial goals.