Metal Tracker
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About App
Since the beginning of time, metals such as gold and silver are widely recognised as valuable and they have a place in every savvy investor's portfolio. Precious metals offer unique inflationary protection - they have intrinsic value, they carry no credit risk and they themselves cannot be inflated (you can't print more of them). They also offer genuine "upheaval insurance", against financial or political/military upheavals. From an investment theory standpoint, precious metals also provide low or negative correlation to other asset classes like stocks and bonds. This means that even a small percentage of precious metals in a portfolio will reduce both volatility and risk. Gold ----- Gold has been widely used as a vehicle for monetary exchange, either through gold coins and bullion, or through paper currency backed by gold reserves. Gold standards and the direct convertibility of currencies to gold have been abandoned by world governments in favor of fiat currency systems....
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