Your current location is:{Current column} >>Text
How to invest in gold and silver using Prepper Bars By
{Current column}41People have watched
IntroductionGold and silver have captivated investors for centuries, offering a potential hedge against inflatio ...
Gold and Futures trading platform app downloadsilver have captivated investors for centuries, offering a potential hedge against inflation and economic uncertainty. Whether you're a seasoned investor or just starting out, these precious metals can add a layer of diversification to your portfolio.
Precious Metal Prices Today
Gold has performed very well in 2024, climbing over 13% in the year-to-date as investors anticipate potential Federal Reserve rate cuts. Given the recent uncertainty on the timing of those cuts, the price has pulled back from its May high of $2,450 and currently sits around the $2,334 mark.

Silver has also climbed since the start of the year, rising above $32 in May. However, it has also pulled back more recently and currently trades close to the $29 level.
Gold Price Forecast 2024
According to Jonathan Rose, a 20-year financial consultant with a Series 3 commodity license and the co-founder/CEO of Genesis Gold Group, the “political and economic climate in the United States, today is one of the driving factors for the increasing prices of precious metals like gold & silver.”
Rose, who has developed the Prepper Bar, adds that “as mining production has failed to increase over the past few years, industrial demand has skyrocketed. As a result, the majority of economists predict that we are in for a strong precious metals market over the next few years.”
Meanwhile, Bank of America strategists said in a recent note that three factors could strengthen the case for the commodity market into 2025, citing takeaways from the 2024 Virtual Commodity Conference held last week.
Panelists who attended BofA’s event said the resurgence of inflation, alongside trends like Decarbonization, Deglobalization, and advancements in Data centers and AI have all strengthened the outlook for commodities in recent years, with the experts particularly favoring , gold, and soft commodities.
Precious Metal Investment: Consider Prepper Bars
Rose believes Prepper bars could be a solution for those wanting to invest in gold and silver.
“Picture this: The U.S. Dollar has crashed. Cyberattacks have rendered cashless payments useless. You just need to purchase gas. Or you are oversees with no money or credit cards available. Made in the USA and IRA-eligible, the wallet-sized silver bar operates the same way you would tear off a rectangle from a bar of chocolate,” he explains.
Rose states they are “a minting innovation,” providing consumers with the flexibility of both a large and small gram bar.
“The bar offers portable wealth with easily tearable rectangles, perfect for collecting or for conducting emergency transactions,” adds Rose, who says that as mining production has failed to increase over the past few years, industrial demand has skyrocketed.
Rose says, “The Prepper Bar is an answer to questions asked by precious metals enthusiasts for years.”
He continues: “The unique design of the bar itself allows for it to be easily broken down into 3 different denominations for maximum utility in barter or trading. As the value of the dollar continues to fall, many folks have found themselves looking for alternatives to the existing currency, and we believe the Prepper Bar satisfies those needs.”
The precious metals enthusiast believes his Prepper Bar product offers portable wealth and is easily accessible as it is designed to fit into wallets. “The unique ability to carry precious metals in a form that is breakable and slim enough to be carried at all times adds even more value to the product,” he concludes.
Learn more about the best Gold ETFs
Gold, often seen as a safe haven asset, serves as a hedge against inflation, currency fluctuations, and geopolitical uncertainties. Investing in Gold Exchange-Traded Funds (ETFs) provides a convenient way to gain exposure to this precious metal without the complexities of physical ownership.
Statement: The content of this article does not represent the views of FTI website. The content is for reference only and does not constitute investment suggestions. Investment is risky, so you should be careful in your choice! If it involves content, copyright and other issues, please contact us and we will make adjustments at the first time!Tags:
Related articles
Asian stocks muted as markets weigh mixed Chinese trade data By
{Current column}-- Most Asian stocks kept to a tight range on Tuesday, benefiting from easing concerns over a U.S. b ...
Read moreAsian shares mixed as investors await crucial central bank decisions By Reuters
{Current column}© Reuters. FILE PHOTO: People are reflected in a stock quotation board outside a brokerage in Tokyo, ...
Read moreUber makes first operating profit as driver shortage eases By Reuters
{Current column}© Reuters. FILE PHOTO: A screen displays the company logo of Uber Technologies Inc on the day of its ...
Read more
Popular Articles
- Dollar stabilizes ahead of Fed minutes as debt negotiations continue By
- Wall St opens mixed on Fed angst; Tesla halts after record run By Reuters
- Boeing shareholders reach settlement in 737 MAX board oversight suit
- Avis Stock Surges After Strong Earnings Make It the New Meme By
- China's Lenovo revenue falls for third consecutive quarter as PC demand slumps By Reuters
- Wall Street Continues Record Run as Jump in Healthcare Spurs Bullish Bets By
Latest articles
-
Vietnam to require social media users to verify identity By Reuters
-
Wall Street Closes at Record Highs as Energy, Consumer Shine By
-
Wall Street Retreats from Records as Investors Await Fed By
-
U.S. services sector index jumps to record high; private payrolls beat expectations By Reuters
-
7 analyst picks: Intel stock upgraded; 'things unlikely to get worse'
-
Tax arbiter raises doubts about $1.75 trln Biden bill, Democrats say it's paid for By Reuters