Coins vs. Bullion

Financial institutions have long recommended portfolio diversification into precious metals such as gold, silver, platinum and palladium as a hedge against inflation.

Diversification of precious metals helps balance paper assets, as they tend to lose ground during inflationary times whereas precious metals held long term tend to retain their value.

Clarification of coins vs. bullion is important, as we need positions in both asset categories. Precious metals in the form of United States Gold Buffalos, Gold, Silver and Platinum Eagles, Canadian Maple Leafs or Credit Suisse Gold Bars would be an investment in bullion.