[ad_1]
Unlike cash, precious metals can’t be printed out of thin air. Gold and silver also have more uses compared to a typical stock or bond. For example, gold can be used in dentistry, electronics, and space technology.
These reasons along with high inflation explain why most investors are becoming more interested in investing in precious metals. After all, there are many ways to invest in precious metals including precious metal stocks and even ETFs.
But there is one precious metal that has outperformed gold and silver this year… Palladium!
What is Palladium?
Palladium composes a major part of the catalytic converters that come with every modern car. They transform over 90 percent of harmful gasses into less harmful substances.
Due to supply chain crunches and increased demand for energy-efficient vehicles, it’s becoming even more valuable. As a result, the price per ounce of palladium is $1,990, compared to $1,627 for an ounce of gold.
Invest in Precious Metals with a Self-Directed IRA!
Lear Capital has been helping investors safely secure their precious metals via a self-directed IRA. Self-directed IRAs allow investors to benefit from inflation hedges and the tax benefits that IRAs provide!
Lear Capital has been in business since 1997 and has conducted over $3,000,000,000 in precious metals transactions since then.
They’re also giving new clients the chance to earn up to $15,000 in bonus metals.
[ad_2]
Image and article originally from www.benzinga.com. Read the original article here.