{"id":37468,"date":"2022-01-06T04:32:19","date_gmt":"2022-01-06T12:32:19","guid":{"rendered":"https:\/\/goldco.com\/?p=37468"},"modified":"2024-09-03T19:06:37","modified_gmt":"2024-09-04T02:06:37","slug":"the-outlook-for-gold-and-silver-in-2022","status":"publish","type":"post","link":"https:\/\/goldco.com\/the-outlook-for-gold-and-silver-in-2022\/","title":{"rendered":"The Outlook for Gold and Silver in 2022"},"content":{"rendered":"

New years are a time for new beginnings. It\u2019s time to look back on the last year, assess performance, and figure out how we can do better this year. That\u2019s especially true for savers and investors, particularly if you\u2019re nearing a big milestone such as retirement.<\/p>\n

The closer you get to retirement, the more concerned you\u2019ll be with preserving the wealth you\u2019ve accumulated. The risk of loss can be too severe for you to take, as there\u2019s no guarantee that you\u2019ll be able to recoup those losses in the short amount of time you remain in the workforce. That\u2019s why many financial advisors recommend taking a more conservative approach to investing as you get closer to retirement.<\/p>\n

Many people looking to protect their wealth look at alternative assets such as precious metals. Precious metals such as gold and silver often gain value when other financial assets perform poorly, and they\u2019re often treated as a hedge against inflation.<\/p>\n

Both gold and silver\u2019s average annualized gains during the 1970s, for instance, were over 30%, when inflation peaked at 11%. Stock markets, by contrast, did almost nothing in the 1970s.<\/p>\n

In the aftermath of the 2008 financial crisis, stock markets struggled to regain their footing. Meanwhile, gold nearly tripled in price while silver more than quintupled.<\/p>\n

Another reason gold and silver have become popular investment assets is because they\u2019re easier to invest in than ever. With a gold IRA<\/a> or silver IRA<\/a> you can even invest in physical gold and silver coins with existing retirement funds from your 401(k), 403(b), TSP, IRA or similar account. You can roll over or transfer funds from your existing account(s) into a precious metals IRA tax-free, allowing you to invest in physical precious metals while retaining all the same tax advantages of your existing retirement accounts. Or if you prefer to buy gold and silver<\/a> coins directly, you can do so and have them delivered right to your door.<\/p>\n

The popularity of gold and silver grew exponentially in 2021, and they\u2019re poised to grow even more in 2022. If you\u2019re looking at buying gold and silver, what kind of performance can you expect?<\/p>\n

Looking Back at Gold and Silver in 2021<\/h2>\n