Purchasing gold is a real asset to the person who will buy gold instead of stocks and bonds. Gold is not taxed by the government and gold is much more stable than our unstable stock market and current economy.
Many financial planners consider gold as one of the most stable assets today. Gold has been and continues to be stable over the last few hundred years. Even though the price of gold has fluctuated in the past, there is a sure bet that is will continue to fluctuate, it is keeping up with our currency. Investors do not consider stock, bonds and even cash to be stable. Precious metals, namely gold has not been shown to be affected by the current economic trends. Certified gold buyers are available 24/7, to buy and sell for the consumer.
People who put their money into the stock market, CD, bonds and savings accounts are at risk for losing their investments. When people put their invested money into gold they can be rest assured of increased profits through gold prices as the years pass. Investing in gold always has had a positive outcome for people. Our national economy is on a spiral downward and seems to keep spiralling out of control. The value of gold is increasing at a terrific rate and continues to do so today.
Banks and financial institutions have caught on to the fact that they must increase their gold holdings because it is so stable. Many people believe that they should buy low and sell high and will use this concept with the stock market, however stocks are unstable and need to be watched carefully several times during the day. Gold is not unstable like this; it stays the same or is continuing to climb.
Because the United States is so far in debt to other foreign countries is why the dollar is decreasing in value and this is a scary thought to many businesses and the government. The value of gold is increasing every day, recently setting a high in the market of precious metals. The United States dollar has always been considered a safe commodity until recently, due to the extent of federal spending and increasing deficits in international trade.
The consumer has many different options if they want to invest in gold. A few examples include investing in gold bullion, gold jewellery, or gold certificates where the financial institution holds the gold for safe keeping after you buy the certificate.
Author: Mark. o James
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