Why Should you own Precious Metals

Knowing my opinion on central banks, fiat money, and fractional reserve lending it should come as no surprise I am a fan of precious metals. Some investors look at them as an investment, while others use them as an insurance policy. I think a 5-10% hedge on your assets would be a good idea at this time. At the moment the gold to silver ratio is 80:1. The chart below shows when the 80:1 ratio is met silver is undervalued and it is a good time to buy. At that point the trend reverses to below 45:1. This makes gold a better deal. Keep track of the price of the metals at www.goldprice.org