Back in England 1919 a principal group of bullion traders and refiners got together to determine a fair price for precious metals. Each member of the group representing their own interests and the interests of their clients (meaning each bullion trader owns precious metals in their name and represents investments of their clients) gathers in a room to buy or sell their precious metals. One by one the traders would state the amount of silver, for example, that they want to buy or sell. Once each representative made his intentions know, the chair reviewed the requests and determined if the amount to buy was larger than the amount to be sold or visa-versa. If more there was more demand to buy than to sell, the chair would propose a higher price of silver; if the demand to sell was larger than to buy, the chair would propose a lower price of silver.
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Are you looking to buy silver in Phoenix Arizona? How about gold? Whatever your precious metals needs may be, Landmark Capital Precious Metals is the national neighborhood firm with the knowledge and the experience you can trust. Our goal is to educate, facilitate, and help people meet their investment needs. With an uncertain future of the US Dollar and the financial markets in chaos, silver is a great option to diversify your portfolio and secure your wealth.
Why Buy Silver in Phoenix AZ?
In light of uncertain times in the global market, investors are turning to precious metals like gold and silver. Investing in silver is a great way to ensure a diverse portfolio. Portfolio diversification is important because markets often fluctuate over time. Investing multiple markets such as stocks, precious metals, and real estate ensures a steady increase of wealth to the investor.
Silver Fairs Well In Bull Markets
Silver prices have been known to increase dramatically during bull markets. In certain markets silver prices tripled! This is in part due to the industrial use of silver. The industrial demand for silver is so great that mines and secondary recovery have not been able to keep up with demand since 1990. This need for silver ensures its place as a viable currency and investment. As we are coming towards the end of a bull market, the time to buy silver in Phoenix is now!
The US Dollar Isn’t Worth What it Was 20 Years Ago
Think back to 20 years ago and ask yourself what you could afford to buy with $20. Now try to remember what $20 bought 30 years ago. Notice how your mental shopping cart gets fuller and fuller the farther back in time you go? That’s because inflation has devalued our dollar to the point where $20 will barely cover your lunch at a decent restaurant. Conversely, gold and silver prices have gone up in value. This increase in value over such a large period of time is the reason why investing in silver is a wise decision to maintain wealth.
Other Reasons to Buy Silver in Phoenix AZ
- Certainty during uncertain times
- Protection against the declining dollar
- A hedge against inflation
- Protection against government intrusion in their finances.
- Protecting their retirements
- The ability to pass down wealth privately to their heirs.
Landmark Capital Precious Metals is Your Trusted Silver Investing Advisor
With over 20 years of experience, you can count on CEO/Founder David Fischer and his team of experts to guide you through the process to buy silver in Phoenix. Local residents get the benefit of having face to face consultations with a friendly staff that genuinely has your best interest at heart. Our main purpose is to educate the public and guide them to responsible investment strategies. Contact us to talk to a trusted advisor today.