Understanding What Bullion Is and Why You Should Buy It
If you’ve been paying attention to the investment scene lately, you’ve probably heard the term “bullion” thrown around quite a bit. But what exactly does it mean, and why should you consider buying bullion? Let’s break it down in a simple, casual way so you can see why adding bullion to your investment mix might just be a smart move.
What Is Bullion, Anyway?
At its core, bullion refers to precious metals—think gold, silver, platinum, and even palladium—that are recognized for their value. These metals come in bars or coins and are usually super pure, like 99.5% for gold and platinum and 99.9% for silver. The value of bullion isn’t just about its weight; it’s also tied to market prices, which can go up and down based on how much people want them.
Types of Bullion You Can Buy
- Gold Bullion:
Gold is probably the most famous type of … READ MORE ...