precious metals
Meaning
Precious metals are rare, naturally occurring metals valued for beauty and high worth. Examples include gold, silver, and platinum, used in jewelry, coins, and investing.
Synonyms
Examples
The geographical movement of money and commodities as capital is not the same as the movements of products and of precious metals. Capital is, after all, money used in a certain way, and is by no means identical with all money uses.
The monopoly of a single bank is certainly an evil. The multiplication of them was intended to cure it; but it multiplied an influence of the same character with the first, and completed the supplanting the precious metals by a paper circulation. Between such parties the less we meddle the better.
President Marcos was investing in precious metals long before he entered politics.
If precious metals had been abundant, they would not have been precious.
The positive aspect of my negative view is essentially that you shouldn't own cash and government bonds, but you should be in assets like real estate or equities or precious metals or in commodities.
Another precious metals producer, the Canadian company Yamana Gold has producing mines in Canada, Brazil, Chile and Argentina.