Gold and silver: will 2023 be a good time to invest?
Supply chains are back to normal, resulting in lower premiums for coins and bullion. In this context, investors will have better opportunities to buy gold and silver compared to last year.
Forecasts in precious metals
“It’s hard for me to predict which bet will win as this will depend on a number of factors including economic conditions, investment trends and individual preferences,” Marburger reports, but says it will be a good time to invest overall gold ira.
As he describes, “the gold has traditionally been viewed as a hedge against inflation and a safe-haven asset, and can be attractive to investors in times of economic uncertainty or market volatility. However, there are also other factors that can influence the demand for gold, such as interest rates, currency exchange rates and geopolitical events.
In this context “ultimately, the decision to invest in gold or any other asset will depend on the financial situation, risk tolerance and investment objectives of the person.”
Advice for apprentices
For investment beginners, the expert recommends “get started, that is the most important recommendation. If the budget is tight, opt for silver . He may be able to sell his silver at some point and buy gold instead. But if you don’t start, you will never learn to invest.