I'm not one who would invest in precious metals, but I have noticed that a good amount of the older generations are pretty keen in investing in these metals. They see it as a way to bet against the market, and a security that will always be safe -- even in the times of a market downturn/country failure as a whole.
I personally wouldn't even want to buy these metals in those events, as I don't see the reason to. I'd rather invest in securities that go up when the market shits itself (Payroll lending companies and so on and so forth)
Does anyone here know the reason behind people loving precious metals?
in my opinion, from the many choices of investment instruments, depending on our nature and preferences, if you like something that is high risk high return, then crypto cucuk for you, if you want things that are lower risk low return, eat gold and silver the right choice, back to taste each individual