A discussion begins with precious metals as a form of wealth insurance. Many people hold house insurance, car insurance, and life insurance. They do not necessarily stop holding these insurance policies when they are not needed. Precious metals can be viewed as a form of wealth insurance. The difference between metals as insurance and regular insurance is that precious metals have risen in value over the long term.
Precious metals provide a place for wealth storage. Consider some of the fundamental of geo-political unrest. These issues are mounting with the potential hot war in Syria and US trade war with China and Canada.
How many D Internally Flawless white diamonds are available at any given moment vs. the amount of fancy yellow diamonds each year? Listen to the third segment. Color diamonds for engagement or wealth to wear as a form of generational wealth.