Why are precious metals important?

There is definitely an upsurging in the precious metals market in reference to peoples finances. This is due to the lack of faith in currency. There is far too much going on globally right now to trust in anything else. I can't blame people for having concerns. There is a lot of stability in metals. The markets are so unstable it only makes sense to invest in precious metals. As these items become more and more rare there value will continue to increase over time. I never put all of my eggs in one basket but I would definable invest some in gold or silver. When I say gold or silver I mean the actual bullion not in anything backed by it.