💎 And why it’s time to see them clearly
1. Only gold is used as an investment asset
Not true. Besides gold, there’s silver, platinum, and palladium. Each has its place in the economy and investment landscape. Palladium is widely used in the auto industry, while silver plays a key role in electronics and medicine.
2. You need a lot of money to buy precious metals
A myth from the days of treasure chests. Today, you can buy as little as 1 gram. It’s accessible to almost any investor, even beginners.
3. Buying precious metals is taxed with 20% VAT
Only if you’re buying industrial metal or jewelry. Investment-grade bars and coins are VAT-exempt in most European countries, including Poland.
4. Precious metals are the most profitable assets for speculation
Nope. Metals are about preservation, not fast profits. They grow slowly but steadily. In short, not ideal for quick gains, but great for building a long-term financial safety net.
5. All your savings should go into gold
Absolutely not. Even gold requires diversification. A balanced strategy includes some metals, some stocks, some currency – and yes, a bit of cash for emergencies.
6. The bank will always buy back a gold bar
Not necessarily. Banks usually buy back only the bars they sold themselves, and only if the packaging and certification are intact. So keep those documents safe.
7. Jewelry is also an investment
That might be true if you own family heirlooms or celebrity jewels – collectors may pay a premium for them.
But generally, jewelry lacks investment markup and loses 30-50% in resale. It’s more about style than profit.
8. Only physical metal is worth buying
Physical gold is great, but there are alternatives: unallocated metal accounts, ETFs, and digital assets. They’re easier to manage and trade.
🧠 Conclusion
Precious metals aren’t a magic “get rich” button. They’re a tool. And like any tool, they only work in skilled hands. Understand the details – and gold, silver, and platinum will reward you with stability and security.
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