Wealth Insurance

During the bear market from 2007 to 2009, the S&P 500 lost almost 50 percent of its value, and thousands of people were financially wiped out. Retirees and those close to retirement were devastated, and their retirement was ruined. However, those who understood that gold, silver and other precious metals provide “wealth insurance” actually profited from the stock market crash. The financially informed knew and still know that historically when the stock market crashes, people sell their stock, and most of the money that leaves the stock market pours into precious metals. If your portfolio contains precious metals before a feverish demand starts, you not only protect your portfolio, but you could substantially increase your wealth, even if the market takes a turn for the worse.