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Gold IRAs vs. silver IRAs: Which is better with inflation rising again?
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The economy is going strong right now. Employment is up and consumer spending remains high. But it’s not all good news.
Inflation has recently reversed course and started rising again. As a result, the Federal Reserve has kept interest rates elevated — meaning pricier mortgages, credit cards and loans for the average consumer. The stock market has also been a bit more volatile recently.
Because of these drawbacks, many are turning to precious metals, which have long been considered safe-haven investments in times of high inflation. Which metal is best, though? Here’s when experts say a gold IRA may be the best choice — and when you might want to turn to a silver IRA instead.
Find out what precious metal IRA options are available to you now.
Why a gold IRA may be better with inflation rising again
A gold IRA may be a good choice if you just want some safety and stability in the face of rising inflation.
“Though gold and silver are often spoken about together, the investor seeking an inflation hedge should generally prefer gold,” says Roger Silk, CEO of wealth management firm Sterling Foundation Management. “Gold is primarily desired because it is ‘real money.'”
Gold also tends to be less volatile than silver, Silk says.
“Gold may be more likely to hold its value than silver, because gold has fewer non-monetary uses than silver,” Silk says. “Silver is used in a variety of manufacturing applications which make it more akin to an asset than to money.”
Though not related to inflation, gold also tends to do well in times of high geopolitical tensions. For example, since Israel invaded the Gaza Strip last October, gold prices have soared, notching new record highs several times.
“Gold is a traditional hedge against inflation, economic hardship, and uncertainty and is a go-to safe-haven asset,” says Bas Kooijman, CEO of investing firm DHF Capital. “The asset has strongly benefited from current geopolitical tensions.”
Compare the benefits of investing in gold online now.
Why a silver IRA may be better with inflation rising again
A silver IRA may give you the chance to grow your money more than gold will. Its price tends to fluctuate more, and since it’s used in various manufacturing capacities, it has the potential for much higher demand.
In fact, Kooijman says “demand for silver could outstrip supply for the third year in a row.”
This would drive silver prices up, allowing investors to increase their returns — at least in the near term.
“Silver is threatening to break into the $30 range, which hasn’t been a normal trading range for silver in over a decade,” says Russell Shor, senior market specialist at trading platforms Tradu and FXCM Markets. “Many view silver as undervalued at the moment.”
Silver is also more affordable than gold, so if you only have a small amount for your initial investment, it may be the better choice as well.
“Silver remains accessible to a wider range of investors due to its lower price,” Kooijman says. Just remember, “It’s a more volatile asset compared to gold and records wider price swings.”
Both are smart options
Gold and silver IRAs can both be smart investment options in today’s market, experts say.
“Since 1975, gold and silver prices have been highly correlated. This suggests that both could play a similar role within a portfolio,” Kara Murphy, chief investment officer at Kestra Investment Management, explains.
Just be careful how much you allocate to these precious metals — whichever you choose. Most financial professionals recommend dedicating no more than 5 to 10% of your portfolio to gold or silver.
And make sure to shop around for your silver or gold IRA company. Fees can vary widely, so shopping around can help you get the best deal.
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How to watch the Seattle Seahawks vs. San Francisco 49ers NFL game today: Livestream options, more
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The Seattle Seahawks will be facing off with the San Francisco 49ers today. The Seahawks are 4-5 this season and are coming off of a two-game losing streak, including last Sunday’s close 26-20 loss against the Los Angeles Rams. The 49ers will be trying to add another win to their two-game win streak, which includes last Sunday’s tight 23-30 win against the Tampa Bay Buccaneers.
Here’s how and when you can watch the Seahawks vs. 49ers game today, whether or not you have cable.
Here’s how and when to watch the Seattle Seahawks vs. San Francisco 49ers
The Seahawks vs. 49ers game will be played on Sunday, November 17, 2024 at 4:05 p.m. ET (1:05 p.m. PT). The game will air on Fox and stream on Fubo and the platforms featured below.
How and when to watch the Seattle Seahawks vs. San Francisco 49ers game without cable
You can watch this week’s NFL game on Fox via several streaming services. All you need is an internet connection and one of the top options outlined below.
Fubo offers you an easy, user-friendly way to watch NFL games on CBS, Fox, NBC, ABC, ESPN, and NFL Network, plus NCAA football channels. The Pro tier includes 200+ channels and unlimited DVR, while the Elite with Sports Plus tier adds NFL RedZone and 4K resolution. New subscribers get a seven-day free trial and all plans allow streaming on up to 10 screens simultaneously.
You can watch today’s game with a subscription to Sling’s Orange + Blue tier, which includes ESPN, ABC, NBC, and Fox. The plan offers 46 channels with local NFL games, nationally broadcast games, and 50 hours of DVR storage. For complete NFL coverage, add Paramount+ to get CBS games, or upgrade with the Sports Extra add-on for additional sports channels like Golf Channel, NBA TV and NFL RedZone.
Watching NFL games, including Fox broadcasts, is simple with Hulu + Live TV, which includes 90 channels, unlimited DVR storage, and access to NFL preseason games, live regular season games and studio shows. The service includes ESPN+ and Disney+ in the subscription.
Want to watch today’s game live on your smartphone? If so, NFL+ streaming service is the solution you’re looking for. It lets you watch NFL Network and out-of-market games on mobile devices, with an upgrade option to NFL+ Premium that includes NFL RedZone for watching up to eight games simultaneously. Note that NFL+ only works on phones and tablets, not TVs.
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How to watch the Kansas City Chiefs vs. Buffalo Bills NFL game today: Livestream options, more
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It will be the Kansas City Chiefs against the Buffalo Bills in a game set for today. The Chiefs enter the game undefeated, having won all nine games so far this season, the latest of which was a November 10 win against the Denver Broncos. The Bills enter the game with an impressive 8-2 record, their latest win coming against the Indianapolis Colts on November 10.
Here’s what to know on how and when to watch the Kansas City Chiefs vs. Buffalo Bills game today, even if you don’t have cable.
CBS, Paramount+ and CBS Essentials are all subsidiaries of Paramount Global.
How and when to watch the Kansas City Chiefs vs. Buffalo Bills game today
The Kansas City Chiefs vs. Buffalo Bills game will be played on Sunday, November 17, 2024 at 4:25 p.m. ET (1:25 p.m. PT). The NFL football game will air on CBS and stream on Paramount+ and the platforms featured below.
How and when to watch the Kansas City Chiefs vs. Buffalo Bills game without cable
While CBS is available with many basic cable packages, you’ll have other viewing options, too. Whether you have cable or have completely cut the cord, the game will be available in a variety of other ways. Just understand that the below streaming options will require the use of an internet provider:
Paramount+: Watch CBS-aired NFL games without cable
With Paramount+ you’ll have multiple viewing options to choose from. You can catch NFL games on the Paramount+ Essential tier for just $7.99 each month or you can watch college football with a Paramount+ with Showtime subscription for $12.99 monthly. In addition to live streams of NFL games airing on CBS, you’ll get to watch additional live sporting events including NCAA college football, PGA Tour golf, soccer and more.
Get started with Paramount+ here today.
Amazon Prime Video: Add Paramount+ to your existing subscription
Already have an Amazon Prime Video account? Simply add Paramount+ to your current subscription to watch all the CBS-aired NFL games in addition to Paramount+ originals. The same prices from above apply, depending on which tier you choose. Not sure which is best for you? Don’t worry. Both options come with a free seven-day trial that can help you decide.
Watch the Chiefs-Bills game on Amazon Prime Video.
Fubo: Watch the Chiefs-Bills game for free
Looking for an inexpensive way to watch football? Fubo could be the best way to do so. The live TV streamer is currently offering a seven-day free trial and $30 off of your first month’s subscription. Once subscribed, you’ll gain access to all of their live sporting events immediately. And there will be a lot to choose from. Not only does Fubo come with access to NFL games airing on your local CBS channel, it also includes Fox Sunday NFC games, “Sunday Night Football” on NBC, “Monday Night Football” on ABC and ESPN and all of the games that air on the NFL Network. So don’t wait.
Get started with Fubo online now.
As the football season ramps up you may want to stock up on the latest NFL gear and merchandise. Fanatics is a great way to do so. With the latest player apparel and more, there’s plenty of stuff in stock to keep you covered this season. But don’t wait much longer. As each week in the season passes by competition for this limited merchandise will increase. Don’t wait for it to sell out.
Head over to Fanatics now to check out the latest NFL fan gear drop.