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The Handbook of Personal Wealth Management, 8th Edition by Jonathan Reuvid

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3.4

The allure of precious metals

DIAMINE EXPLORATIONS INC

Introduction

This chapter explores the relative merits of gold exploration and other precious metals as a significant investment category. First, let us be clear that for all but category experts, diversification is key to investment security. And today, many top investment advisers recommend gold, or gold equities (10–15 per cent) as one of four or five main categories of investment for a well diversified portfolio. Figure 3.4.1 charts the price growth of physical gold over the past 10 years, and Figure 3.4.2 reveals a similarly attractive growth rate for silver. Many also note that mining and exploration shares, while higher in risk, can leverage a precious metals investment to much ...

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