It’s clear that given enough time, all fiat currencies lose
purchasing power to gold and silver. Gold and silver have been money for at least 5,000 years
and are the only globally recognized monies that cannot be created out
of thin air or manipulated by central banks or governments. This makes
both metals great stores of value (preservers of purchasing power) in
the long-term. Unlike fiat currencies that can easily be printed into
existence to fund government deficits or financial bail outs, gold and
silver remain the ultimate forms of money.
The U.S. Dollar and Eight Other Major Currencies Versus Gold
Gold rose 8.1% against the U.S. dollar and eight of the
world’s major currencies in 2016. Over the last 20 years, gold has
climbed 242% against the world's reserve currency.
The below table displays the annual change in gold's rate of
exchange against nine major currencies over the past decade.
The U.S. Dollar and Eight Other Major Currencies Versus Silver
While 2010 was a great year for gold, it was the best year
of the decade for silver. Silver rose against all nine of the major
world currencies, topped by a spectacular 97% jump against the euro.
Silver's results are displayed in the below table.
The Bottom Line
If you had invested $10,000 in 3-Month U.S. Treasury bills
on January 1, 2000, your purchasing power would have slightly decreased
by January 1, 2011. If you had invested the same $10,000 in gold or
silver, your purchasing power would have more than tripled.
How much should I buy?
Gold and silver are excellent means for preserving your
purchasing power, but choosing how much gold and silver to buy should be
your personal decision.
Holding between 10-25% of your assets in precious metals is a
widely-acknowledged investment principle. Research has shown that
wealthy individuals keep around 10% of their wealth in precious metals as a diversifier and hedge against crisis events.
The first proponent of the “10% rule” was former Federal
Reserve Governor and Harvard economist John Exter. Exter came up with
“Exter’s Pyramid” to convey the inherent risks of each type of asset to
economists, banks, and financial institutions. At the bottom of Exter’s
pyramid was gold, forming the safest foundation of one’s assets. At eTrade10X, we agree with Exter’s core principal and believe that a
10-20% allocation to gold is wise, or a higher figure if you live in
nations with higher inflation and weaker government accountability.
Isn't the gold price too high to buy?
Nobody can predict the future, but there is a strong case
for the continued appreciation of the gold price (and other precious
metals) in terms of U.S. dollars, euros, and most of the other major
world currencies; however, price is not the key consideration when
purchasing gold, as gold investments are first and foremost made to act
as insurance against financial uncertainties and currency debasement.
Buying platinum and palladium
Platinum and palladium
are part of the platinum group metals (PGM), and are also known as the
“Noble Metals”. Being both rare and durable, they exhibit similar
scientific properties to gold and silver; however, unlike gold and
silver, their demand stems almost entirely from their industrial uses
and their prices have generally risen during past economic booms.
Physical platinum and palladium stored at secure and insured
vaults lack counterparty risk, which makes them reliable stores of
value in times of financial distress.
At eTrade10X, your holding allows you to buy, sell, and
store platinum and palladium at the lowest rates to complement your gold
and silver holdings.
Applying for a eTrade10X is simple.
eTrade10X has made it easy for you to apply for a Holding
free of charge. If you live in the U.K., U.S., Canada, or one of the
other fast-tracked countries, you can complete the process entirely
The sign-up process can be completed within minutes; it
involves completing an online application form and uploading scanned
copies of your bank statement and a photo ID document, such as a
passport or driver’s licence. After we have reviewed your form and
supporting documents, we will notify you and provide an update on the
status of your application. Once your application is accepted, you may
fund your eTrade10X and start buying precious metals.
Does eTrade10X offer consistent and competitive prices?
Some precious metals dealers charge high prices for gold,
silver, platinum, and palladium that vary widely. For example, many coin
dealers for example try to convince clients to buy “numismatics” and
other fashionable coin products at high premiums to the underlying metal
value. We founded eTrade10X because we felt clients needed a
transparent way to buy and sell physical precious metals at honest
We always offer you consistent and competitive prices.
Are my metals safe with eTrade10X?
eTrade10X has invested significant resources over the years
to become the leading online provider of gold and silver bullion. All
metal is directly owned by our clients and routinely verified by
independent third parties. There is always a one-to-one ratio of the
metal in our vaults to the metal in our database. Your metals are safely
stored in a secure and insured vault. Find out more about the
unparalleled safety and security we offer as the only regulated precious metal investment service.
eTrade10X Network – Global Liquidity Platform
As an investor, you need to be able to easily buy, store,
and sell your precious metals on a secure platform that’s accessible to
you 24 hours a day, seven days a week, and offers transparent and
competitive pricing. Powered by several U.S. patents, the proprietary eTrade10X network provides you with a flexible solution that enables you
to access global physical bullion markets and vault custodians in the
best way possible.
You will have immediate access to our unique precious metals
purchasing platform once you have opened and funded a free Holding. We
allow you to exchange between metals directly without having to sell
them first and provide multiple account funding and withdrawal options,
including credit and debit cards.
Ready to get Started?