While only a few thousand Americans had invested in precious metals in 1975 when gold ownership was legalized in the U.S., that number has grown substantially. The same research indicates that individuals who have purchased precious metals, as well as those who plan to do so in the future, prefer to make these purchases from their bank or other trusted financial institution. FideliTrade has established itself as a premier provider of precious metals clearing services to the banking and brokerage community. Trade execution, secure safekeeping, comprehensive account administration, and marketing support makes FideliTrade the right choice for institutions searching for complete precious metals service support. Precious metals have assumed a place of growing importance in both the personal and institutional portfolio.
Precious metals represent an excellent portfolio diversifier and hedge against uncertainty.
They are also a tangible and highly liquid asset. Sophisticated financial managers often look for portfolio diversifiers with a low beta or correlation to stocks and bonds. Thus, in recent years, worldwide investor interest in precious metals as a hedge against inflation and currency fluctuations has intensified. Moreover, many investors participate in the precious metals markets when they believe the stock market is over-priced, and they seek other investment alternatives. Most investors find the tangible nature of precious metals attractive.