Why Aren't You Investing In Gold? Reasons Why You Should
People still ask is it wise to invest in gold? It has always been a solid investment, throughout history, and even more so today. Gold still holds an air of mystery, sure, we all know about gold, its history, jewelry, gold coins, gold watches, but how many of us have really owned gold, I mean, a substantial amount, more than a few grams?
How many of us have investigated gold investment, and where and how to buy it? It is simply a matter of knowing where to buy at the right price and from a secure licensed dealer. Providing you deal with the legitimate companies in the gold industry, your gold investment will provide you with the financial security you have dreamed about. If these criteria can be met, then the answer to should I invest in gold is always a definite yes.
Investors who purchase gold will find that they have a hedge against market crashes, political disasters, currency crises, economic turmoil, taxes and devaluation.
Gold has always been a steadying influence throughout history, with investors achieving financial security and stability, due to the steady rise in gold, a safe haven for their investments.
Most people would want to find an investment that is secure, that can’t nosedive. With rapid fluctuations in forex and stock markets, investors want a safe place to put their money, and there are many reasons why gold ticks all the boxes.
Governments can’t make gold, they can make paper money, which is devaluation, but gold holds its value. Gold has always been around and will be around for a long time yet, steadily, or rapidly rising in value. Gold is the one perfect investment instrument which has the means to survive any financial catastrophe.
The Chinese and the Indians are starting to invest heavily in gold, they are increasing their gold reserves, and so is Russia. Investors in these countries are also looking for safe investments, and of course, realize the value of gold. Many Governments have dropped restrictions on the purchase of gold and so it is now possible to store gold with very low overheads, making gold a very viable investment.
You now can take control of your investments and protect against inflation, and create wealth when others are seeing their finances deteriorate. Governments can always rescue themselves by printing more and more money. The US and UK are printing more money now than at any time in history. This of course makes your cash worth less, but it also means that gold is worth more, gold always rises when confidence in Governments is at its lowest, with confidence in the economy at an all time low and markets sliding, what do you feel confident investing in?
In a turbulent time, if you have invested in gold, you have secured your assets, which means peace of mind for the future. Your risk is minimal against other investments because it tends to outperform others in times of turbulence. Gold has quite rightly been called the ‘crisis’ commodity.
With the US Dollar falling over 40% since 2001, and stocks at an all time low, the dollar could soon be in freefall, but gold is still a solid haven for hard earned cash, why?
Because since 2001 the value of gold has increased by 150%, try beating that. Over the last eight years it has outperformed all markets, and unlike stocks which can quickly fall, gold remains valuable and stable. For gold to collapse in line with other markets, it would need to rocket to over $6,000 per ounce (I hope it does, but if it does get out quick). Gold remains stable, therefore, is a secure way to protect your money and assets.
As a more promising outlook for the economy emerges, the focus should then fall on the possibility of inflation, which will increase with time, therefore increasing the demand for gold. The demand for gold investment in 2008 increased by 10% over previous years, and is expected to rise year on year as supply dwindles.
Gold is still going strong despite many critics predicting a fall in gold prices during last year, of course this was not the case, the bubble did not burst, with gold investors making a steady profit, from $800 to $950 per ounce, and certainly not losing as predicted. Gold is not subject to a bubble, unlike real estate or stocks; it is very rare to see a sudden movement in precious metals. No, there was no crash, indeed gold proved what a reliable investment it is, with its price during the first half of the year still producing a steady return, and should continue to do so.
Summing up, gold has, throughout history always been a strong, reliable, solid investment. Crashes in the economy, stocks and real estate we have all seen, but who can remember a serious crash in gold? If you don’t believe it now, you never will.
A good investment?
Make up your own mind.
by Raymond Carr has worked for government security for many years.He has also worked for a leading central gold bullion dealer and has also been a partner in a successful life coaching practice.A successful gold investor, he is proud to say that many people who have taken his advice on gold investing have enjoyed returns of over 30% in the last two years. If you would like to learn more about gold investing for the small investor go to > secretsofgoldinvesting.com
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