Double Dipper

It seems we may be heading into a second phase of this recession. They say the rate of inflation could go up and yet the rate of pay increase will not make up for it. This double-dip has been predicted and it might not be pretty.

It has the effect of prolonging the period of financial uncertainty we are going through. One thing that tends to happen during a recession is that investors move away from products like property and stocks as a place to invest their funds, and they move towards precious metals.

You could invest in silver, which is available as a coin or in the form of an ingot. Demand for silver out strips production, so the price has seen increases.

Gold is also a success story during times of economic instability. Once again, you get it as a coin, as an ingot or as bullion. It means you have a physical item that is your investment. That is far more certain than some shares in a company that could go under.