Buy Gold and Silver Coins and Bars – Leading Financial Adviser In Ireland
Buy gold and silver coins and bars for delivery and storage has advocated a leading financial adviser in Ireland. Eddie Hobbs has given advice to clients and says that they should buy silver and gold bullion in order to protect from the coming global financial crisis.
Holding a small amount of cash or gold and silver coins at home makes sense provided you’ve allowed for the security risks. This is on the basis that the existing banking system may be closed and that access to cash may be limited as it has been for periods in Greece and in Cyprus after their financial crisis. Although this was not a feature of the financial crisis in Ireland, it did come close to it.
In the event of a general loss of confidence in major currencies, especially the Dollar and secondarily the Euro, holding physical silver coins makes a lot of sense. Silver does not move in step with gold in the short term but in a severe deflationary event and a loss of confidence in paper currencies, having silver, which comes sat lower unit values to gold is attractive.
An ounce of gold by May 2016 is worth just over €1,100 (£880) while an equivalent weight in silver is €15 (£12) <See prices below>
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