Five Metals That Glitter Stronger Than Gold

Gold has always served as a life-belt and it rouses the interest of investors in bad financial times. The last few years are example for this and the panic stocking with gold is quite obvious. As a result, the goldachieves a number of records.

As a rule, investors resort to gold in order to find safety when risk positions are closed down and market’s perspectives are vague. This strategy, however, may turn out to be very dangerous.

Five Metals That Glitter Stronger Than Gold

When gold (or any other investment asset) becomes excessively popular destination for risky funds, there is a danger of a “bubble”. This means that prices have reached unstable high levels and a sudden shock may cause a market crisis and immediate loss of money.

This danger does not mean that you should avoid investing in gold. Just do not invest all your money in it. There are a lot of precious metals that can turn out to be a better investment because they are not observed by many investors.

1. Copper– it has a wide usage. It is used in construction, electronics, el cabling, production of pipes, accumulators, batteries, solar installations, music instruments, etc. It can also be mixed with other metals for making some expensive alloys such as bronze and brass. The demand of this metal increases with the stable economic periods and the progress in construction. Well, the economic now is quite unstable but it is not always going to be like that and we should keep an eye on the circulation of the copper.

Five Metals That Glitter Stronger Than Gold

2. Zinc – just like copper, zinc is used in making expensive alloys (zinc is a component of the bronze and brass as well). It is used for producing plant preparations; it participates in many diets because it has antioxidant and anti-age effect.

Five Metals That Glitter Stronger Than Gold

3. Silver – in spite of the famous usage in jewel industry and numismatics, the silver is used in many other areas such as stomatology, architecture and electronics. Some music instruments are made of silver or silver alloys. It is interesting that silver can be used in cosmetics and even in the production of socks because of its antiseptic properties. Many analysts believe that silver has a better potential for making profits because it is usually thought to be a life-belt right after gold and it is also a remedy for price-saving.

Five Metals That Glitter Stronger Than Gold

4. Platinum – it is mainly used as an industrial metal. It is also used as a catalyst for producing petroleum, chemicals and fertilizers. It is used for producing high-voltage conductors, hard disks and magnetic fields. Because of its usage jewellery it can be related to gold – it can serve as a defence against inflation, but platinum’s price is not as dynamic as the price of the gold.

Five Metals That Glitter Stronger Than Gold

5. Palladium – it takes part in stomatology and in chemical industry. It is widely used in automobile industry. In addition, high-tech products such as iPhone cannot exist without palladium. It is also known as “white gold” in jewellery, especially in the production of expensive watches. This leads to a stable demand and stable prices even at a moment of an economic crisis.

Five Metals That Glitter Stronger Than Gold

Five Metals That Glitter Stronger Than Gold

Five Metals That Glitter Stronger Than Gold