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?
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?
a bar of solid gold
a clear liquid gold
Which of these precious metals investments is usually the least risky?
Which of these precious metals is of10 used in internal combustion engines?
Purchasing gold bullion is a difficult investment for which of the following reasons?
transport and security
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?
Approximately how long does it take to produce one ounce of platinum?
Besides investing in precious metals, many precious metals mutual funds will invest in which of the following?
Which of these investment methods is key to securing your investment during an unstable market?
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?
Where in the United States do tourists still go panning for gold?
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?
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.