Is Gold a good Investment?
Gold bullion, like any other investment vehicle, has its up and downs…so one must understand what kind of conditions are conducive for performance in this asset before making a decision to invest in it. Gold is a hedge against the depreciation of paper assets such as currencies and any other instrument denominated in dollars. Gold also serves as a safe haven during times of economic turmoil and uncertainty. With this in mind, understanding the current economic landscape would be very beneficial.
It is safe to say that the current economic landscape is very unstable. Not only are developed economies teetering on the edge of dipping back into recessionary territory, but they are also engaging in currency devaluation to stimulate economic growth, an effort that will surely set the stage for future inflation. Add the fact that world sovereign debt is out of control and you have a recipe for disaster looming in the future, it’s called debt default… It would be nice if such problems could be solved, but no credible plan for reducing our debt burdens has been presented by our governments and politicians, and even if a debt reduction plan was put forth, it would likely send already struggling economies back into recession. The bottom line is that big problems like the ones I just described will take a long time to fix, and during that period of time you can bet that there will be a significant amount of market uncertainty.
So…is Gold a good investment right now?
Gold will protect the portfolio of one seeking refuge from declining paper assets and serve as a safe haven during times of economic uncertainty, so if you’re still asking yourself “is Gold a good investment?” the answer is yes. Not only has Gold vs. US Dollar been increasing steadily over the last decade, but it has accelerated its gains as of late. If you think the problems with the US dollar are severe right now…just wait until our government has a failed bond auction. If this occurs, you will see an assault on the US dollar like never before. The bottom line is that you want to own gold in your portfolio. It doesn’t need to be a lot…you simply want to have a tangible asset balancing your portfolio in the event of hyperinflation or disaster.
Precious Metals are an ideal asset to own given the uncertain economic and geopolitical conditions we currently face. Whether or not you are adding gold bullion to an investment portfolio, or preparing for retirement by setting up a gold IRA, precious metals such as Gold, Silver Platinum and Palladium have proven to be a secured investment. If you are asking yourself “Where can I buy gold?” Our gold inventory consists of American Buffalo Gold Coins, American Eagle Gold Coins, Austrian Philharmonic Gold Coins, Mexican 50 Peso Gold Coins, Canadian Maple Leaf Gold Coins, South African Krugerrand Gold Coins, Chinese Panda Gold Coins, Pamp Suisse Gold Bars, Credit Suisse Gold Bars, World Gold Coins, Indian Head Gold Coins, Liberty Head Gold Coins, Saint Gaudens Gold Coins, and Gold Proof Coins.
If you have additional questions, call a PGC account representative at 1-855-655-GOLD or request a Free Investment Kit.
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