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The Ultimate Precious Metals Mutual Funds Quiz
by Staff
Not only are precious metals beautiful, they are a great investment. Rather than bringing home bricks of gold and platinum though, you are better off investing in a precious metals mutual fund. What makes these funds better investments?

Which of these is an example of a precious metal?

  • palladium
  • iron
  • steel

Why isn't buying jewelry a sound precious metals investment?

  • Jewelry is not made of pure gold.
  • Jewelry is difficult to sell.
  • Jewelry losses its value too quickly.

How would you define gold bullion?

  • unrefined gold
  • a bar of solid gold
  • a clear liquid gold

Which of these precious metals investments is usually the least risky?

  • gold bullion
  • jewelry
  • mutual funds

Which of these precious metals is of10 used in internal combustion engines?

  • silver
  • gold
  • platinum

Purchasing gold bullion is a difficult investment for which of the following reasons?

  • value
  • transport and security
  • main10ance

The stability of precious metals values can best be described as which of these?

  • Precious metals values are volatile.
  • Precious metals values remain constant.
  • Precious metals values trend gradually upward.

What was the highest value spike of platinum in 2008?

  • $500 per ounce
  • $1,000 per ounce
  • $2,000 per ounce

How much ore is required to produce one ounce of platinum?

  • 10 pounds
  • 10 kilograms
  • 10 tons

Approximately how long does it take to produce one ounce of platinum?

  • five days
  • five months
  • five years

Besides investing in precious metals, many precious metals mutual funds will invest in which of the following?

  • diamonds
  • steel
  • mining companies

Which of these investment methods is key to securing your investment during an unstable market?

  • diversification
  • targeted investment
  • market capitalization

Experts advise that precious metals mutual funds should make up how much of your portfolio?

  • 2 - 10 percent
  • 5 - 15 percent
  • at least 20 percent

Which of these precious metals is the most popular investment?

  • silver
  • gold
  • palladium

Where in the United States do tourists still go panning for gold?

  • New York
  • Texas
  • California

What has been the trend in gold exploration over the past 30 years?

  • Exploration is decreasing.
  • Exploration remains constant.
  • Exploration is increasing.

How much has the price of gold increased since 2001?

  • 100 percent
  • 200 percent
  • 300 percent

What is the relationship between the value of the dollar and the value of gold?

  • As the value of the dollar increases, so does the value of gold.
  • The value of gold remains steady against the dollar.
  • As the value of the dollar decreases, the value of gold increases.

What was the value of an ounce of gold in 2007?

  • 500
  • 900
  • 2000

Where can you go to invest in platinum?

  • the New York Stock Exchange
  • NASDAQ
  • a foreign market