Why Invest in Platinum?
Platinum is the third most traded precious metal in the world.
There are several reasons why you might want to consider investing in platinum. Here are some of the most important ones:
Rarity: Platinum is a relatively rare metal, with annual production of only about 190 metric tons. This scarcity can make it a good hedge against inflation, as demand for the metal is likely to remain strong even if the overall economy weakens.
Industrial Demand: Platinum is used in a variety of industrial applications, including catalytic converters, electronics, and jewelry. This gives it a more diversified demand base than gold, which is primarily used in jewelry and investment.
Green Energy: Platinum is also a key component in some green energy technologies, such as fuel cells and hydrogen production. As the world transitions to a cleaner energy future, demand for platinum is likely to increase.
Volatility: Platinum is a more volatile asset than gold, which means that it has the potential to generate higher returns over the long term. However, it also means that there is a greater risk of losing money if you invest in platinum.
United Gold Group?
Let us help you secure your financial future.
United Gold Group exists to help our clients achieve financial sovereignty by mitigating financial risks through diversification. We have assisted thousands of customers roll-over their retirement plans from annuities, mutual funds, stocks, bonds, and CD's into qualified plans with no tax consequence. With our unique full service approach, our team will work with you to formulate an investment strategy that caters to your individual needs.
Explore the Benefits of a Gold IRA
Roll-over or transfer your existing IRA or 401K and there is no taxable event. Taxes on gains are deferred until metals are withdrawn from account or sold.
Having precious metals inside your IRA can help to diversify your portfolio and help mitigate risk.
Precious metals are "tangible" assets rather than "paper" or "electronic" assets. If you are over-exposed to paper assets such as stocks or mutual funds, you may be taking unnecessary risks with your future.
Protection & Peace of Mind
Gold and silver have historically acted as critical hedges against inflation and the continued erosion of the U.S. dollar