Back to Newsroom
Back to Newsroom

Endeavor Metals Group Debuts a New Blog Entry About the Merits of Purchasing Gold in a Turbulent Economy

Wednesday, 07 September 2022 08:00 AM

Endeavor Metals Group

The Florida-based precious metals firm recently posted a thought-provoking essay on why acquiring gold can provide security in an unpredictable financial landscape.

WEST PALM BEACH, FL / ACCESSWIRE / September 7, 2022 / Endeavor Metals Group, a noted Florida-based precious metals firm, launched an official company blog earlier this year with the intention of educating everyday consumers about matters related to the precious metal industry. The company's latest blog entry, which is titled Endeavor Metals Group Explains How Investing in Gold Can Mitigate Financial Uncertainty, gives an extensive rundown about why purchasing gold can provide a financial hedge in the midst of a turbulent economy. This installment of the blog, which is hosted by a platform meant to spotlight the thoughts of entrepreneurs, industry leaders, and creatives, went live on August 31, 2022.

Early in the piece, Endeavor Metals Group gives a brief but comprehensive overview of exactly why gold holds such a unique and advantageous position in the world of finance. "As an investment option, gold offers several benefits. Gold is a hedge against inflation, government debt, and other geopolitical risks such as war or terrorist attacks. Gold is also relatively scarce-there are only about 190,000 tonnes in existence-making it valuable as a collector's item," the company writes, adding, "Gold is also highly liquid, meaning it can be easily bought and sold. Finally, gold is widely recognized and accepted worldwide, making it an accessible asset to trade internationally."

Further along in the blog entry, Endeavor Metals Group delves into great detail about the major ways to invest in gold, stating, "One option is to buy bullion, which is gold that has been melted down and cast into bars or ingots. Another option is to purchase coins, which governments mint. Investment-grade gold coins include the American Gold Eagle, Canadian Gold Maple Leaf, British Sovereign, and South African Krugerrand. These coins are legal tender in their respective countries and are typically struck with higher purity than bullion bars. Another option is to invest in gold exchange-traded funds (ETFs), which are investment vehicles that track the price of gold. ETFs are traded on stock exchanges, offering investors a way to get exposure to the gold market without buying and storing physical gold." The firm then goes on to explain that there is a third, often-overlooked method to invest in gold. "Finally, you can also invest in mining companies or mutual funds that hold investments in gold mining companies. This option offers a more indirect way to invest in gold and has counterparty risk, but it can still be a viable option."

Endeavor Metals Group, Wednesday, September 7, 2022, Press release picture

Anyone curious to read the blog entry in its entirety will find it located here, while anyone wishing to learn more about Endeavor Metals Group is encouraged to visit the company's official website.

About Endeavor Metals Group:

Endeavor Metals Group is a precious metals firm specializing in physical gold, silver, platinum, and palladium products such as bullion bars, numismatics, and commemorative coins. In the last decade, Endeavor Metals Group has grown extensively, emerging as an industry leader in the precious metal sector. Endeavor is a member of the Numismatic Guaranty Corporation (NGC), Professional Coin Grading Service (PCGS), ANACS, the Industry Council of Tangible Assets (ICTA) and the prestigious Silver Institute. Furthermore, the company is a United States Mint, Perth Mint, and Royal Canadian Mint authorized precious metal dealer. Lastly, Endeavor has a five-star rating on Google, A+ accredited grade with the Better Business Bureau, and is fully licensed, bonded, and insured.

Whether an experienced investor or a first-time collector, the company guarantees a spectacular customer experience every time. Beyond the finest precious metals products, Endeavor Metals Group clients can look forward to detailed precious metal market updates, personalized precious metal portfolios, competitive product pricing, full transparency, and premier client service. The company has two conveniently located offices in South Florida: its headquarters in the financial district of West Palm Beach, and a newly opened branch in the heart of downtown North Palm Beach.

Media Contact:

Endeavor Metals Group
1913 South Dixie Highway
West Palm Beach, Florida 33401
Email: [email protected]
Phone: 855-753-3575
Website: edrmetals.com

SOURCE: Endeavor Metals Group

Topic:
Company Update
Back to newsroom
Back to Newsroom
Share by: