Why would I invest in gold instead of other investment options? Gold is a tangible investment and it’s one of the few investments you can actually hold in the palm of your hand. For decades, streetwise investors have acknowledged that gold plays a major role in having a diversified portfolio. Plus, it has been recognized (for decades) as a safe haven asset in this unstable economy with true value.
Gold has also experienced a series of consecutive successes, for example, in September, gold sky-rocketed. According to analyst, it has had the longest “winning streak” since the 20s. Gold is expected to climb to $2,000 an ounce by the end of 2011. By the end of 2012, it will rise to $2,300 an ounce. You can’t go wrong when investing in precious metals.
Gold has also experienced a series of consecutive successes, for example, in September, gold sky-rocketed. According to analyst, it has had the longest “winning streak” since the 20s. Gold is expected to climb to $2,000 an ounce by the end of 2011. By the end of 2012, it will rise to $2,300 an ounce. You can’t go wrong when investing in precious metals.
Many investors are also placing their IRAs into precious metals. More and more people are investing in gold, silver and bullion coins like never before. Here are a few more good reasons to invest in precious metals like gold:
Gold & silver guards against inflation.
While other investments are losing money left and right, gold and silver are doing just the opposite. Precious metals are the ideal investment because when inflation is on the rise, the value of gold and silver increases.
Precious metals are marketable and liquid.
Gold is an excellent way to increase the marketability and liquidity of your portfolio. This is mainly because of the high demand the precious metals market has been experiencing over the past few years.
Gold & silver guards against inflation.
While other investments are losing money left and right, gold and silver are doing just the opposite. Precious metals are the ideal investment because when inflation is on the rise, the value of gold and silver increases.
Precious metals are marketable and liquid.
Gold is an excellent way to increase the marketability and liquidity of your portfolio. This is mainly because of the high demand the precious metals market has been experiencing over the past few years.
Precious metals are a tangible investment.
As mentioned previously, you can hold precious metals in the palm of your hand. Unlike stocks and mutual funds, you can take possession of your investment and keep it safe and secure in a safe deposit box.
As mentioned previously, you can hold precious metals in the palm of your hand. Unlike stocks and mutual funds, you can take possession of your investment and keep it safe and secure in a safe deposit box.
Choose from a variety of precious metals.
You can choose to invest in an assortment of precious metals like platinum, gold, silver, etc. Another reason why many investors love precious metals is because it offers flexibility. You can customize your investment strategy according to your investment needs. You can even choose precious metal funds which allow you to invest in multiple metals.
Precious metals are world-wide currency.
For hundreds of years, precious metals have been used globally as currency. If you own precious metals, you can exchange it for currency anywhere in the world. Keep in mind, that you can use it as currency only if you actually have it in your possession. This doesn’t apply to stocks or precious metal funds.
Diversify your portfolio with a precious metal investment.
Having a diversified investment portfolio is crucial in these tough economic times. When you invest in precious metals, you’re diversifying your portfolio. As a result, you’re maximizing your returns and reducing risks. You can actually add these investments to decrease the trading volatility and boost the trading stability.
Do you want more information or have questions about investing in gold and silver? Feel free to contact me at blakepollack@gmail.com.
Do you want more information or have questions about investing in gold and silver? Feel free to contact me at blakepollack@gmail.com.
