How to start investing in times of crisis?
How to protect your savings? More and more people are asking themselves this question in today's challenging times. The effects of the pandemic, war, inflation, and money printing are causing global anxiety. That's why investing in gold and silver is becoming an increasingly popular way to allocate capital. Mennica Gdańska advises on what to consider when investing in precious metals.
The answer to what to invest in is not straightforward - your portfolio should be diversified, and you should have both silver and gold in your holdings.
A few words about gold:
Gold is the most liquid asset - it is recognized and accepted in every country. It is a product with much higher value concentration than silver - it's easier to store 7,000 złoty worth of gold in one bar than several silver coins.
Why silver?
However, there are aspects
where silver surpasses gold. Its undeniable advantage is the price of the metal. Silver is cheaper than gold, so you can start investing with small financial outlays. Another advantage of silver is the lower risk of counterfeiting - due to its price, counterfeiting simply isn't profitable.
For whom?
It's not only the very wealthy who can invest. Anyone can start their investment journey.
At the beginning, you need to assess your finances and see how much you can invest. List your expenses to determine savings
that can be allocated to precious metals. The most profitable option is to buy 1 ounce, but you can also consider smaller weights.
The amount allocated for gold investment will vary for everyone. One person may afford to invest 30,000 złoty in gold, while another may have 1,500 złoty. Investing in silver will be much simpler, as it's
significantly cheaper - it's easier to save 130 złoty than 8,000 złoty.
Modern numismatics:
Investing isn't just about bars. Mennica Gdańska focuses on modern numismatics. They issue collector coins that are a real treat for fans of pop culture, history, or sports, but also an alternative way to invest. Mennica Gdańska offers releases made of pure silver and 999 gold.
Mennica Gdańska is the only mint in the world authorized to issue coins with the image of Robert Lewandowski or the Witcher (based on the license granted by the author, Andrzej Sapkowski). There are also unique numismatic items from the series Slavic Beasts and Kajko and Kokosz.
Bullion coins:
Another way to invest is through bullion coins. Their value is determined based on the content of precious metals, with prices linked to the current metal prices. For novice numismatists, the top five most popular bullion coins are often recommended: Krugerrand, Canadian Maple Leaf, American Eagle, Vienna Philharmonic, and Australian Kangaroo.
Popular silver bullion coins issued by Mennica Gdańska include the Rusalka from the Slavic Beasts series, Cyberpunk from The Punk Universe series, and The Witcher: The Last Wish. All releases come in two weight versions: 1 oz and 2 oz.
Coins or bars?
This is a question often asked by beginner investors. Coins are visually appealing - they can feature various characters on their reverses and can be collected and cherished over the years. On the other hand, bars offer greater weight diversity - they can weigh from 1 gram up to a kilogram.
Now, all you need to do is review your funds and consider your investment strategy.
And if you have any questions, experts from Mint of Gdansk will be happy to answer them and provide advice on how to start investing in precious metals.