So, you’ve recently saved up enough money to start investing? If you’re looking for a good entry point into the investments market in today’s economy, your safest bet is in precious metals. Commodity-based trading has proven itself to be one of the only reliable opportunities in today’s economic world. Stock trading and real estate speculation have both witnessed devastating crashes in the past 5 years. If you’re looking to turn new money into something sustainable and growth oriented, the most lucrative possibility at present is silver investing at Monex.
Why silver? Why not gold or platinum? While gold is a reliable and time-honored investing option, it is also a very expensive one to break into. Gold trading is most lucrative and reliable when you are able to deal in values over $100,000 – a figure that new investors are rarely interested in (or able to) sinking into a single resource. While platinum is an interesting market, it is largely tied into the automotive industry. There are two reasons why this is a bad time to invest in a precious metal tied to the automotive industry. The first is declining car sales in America and new environmental regulations are leading to a manufacturing downturn. The second is that many Japanese factories are currently shut down in the wake of a devastating series of earthquakes that occurred in March. Subsequently, platinum and palladium prices have been sinking due to a shortage of manufacturing demand.