Articles in the Gold Category
Gold is a precious metal that has been held by people since ancient times and its rich heritage and history cannot be ignored, even today; many gold coins dating back to 800 BC have been discovered. Investing in gold bullion is an ideal way to diversify your portfolio and increase your holdings, especially since paper-based currency is losing its credibility. There are many reasons to start investing in gold bullion. Here are 10 of them:
1. It Has a Rich History
As mentioned earlier, gold has been an ideal choice for investors …
Gold, Headline, Personal Finance »
In times of geopolitical instability, it pays to diversify one’s portfolio with investments that can hold up despite the pressure. To this end, many investors are following the lead of entire nations and are placing more emphasis on precious metals. Gold and silver bullion bring a stability of value that cannot be matched by other options. Today’s governments use fiat money, printed paper currency that has no raw value. It should come as no surprise, then, that governments have printed excessively in the last few decades, which has in turn …
Over the past few years the value of silver, gold, and other precious metals has continued to increase. Since it can be a great investment, buying gold or silver bullion can be a great option. If you do choose to buy some precious metals, there are seven reasons why you should buy locally as opposed to online.
The first reason why you should buy precious metals locally is that you can save on shipping costs.
If you buy precious metals online, you will likely have to pay shipping costs to get …
Economy, Gold, Personal Finance »
Considering Gold Bullion for Future Investments
With the current economy carrying on its rollercoaster of unpredictability, great deals of investors are seriously considering where a safe sector to place their money is. This predicament is especially challenging for novice investors that lack vital knowledge, and who would usually venture down the property route for the best financial gain. Although financial gurus are claiming that the recessions is over, the property market remains as volatile and unpredictable as ever, making investors look to alternatives, one of which is gold bullion.
Is Gold Bullion Right …
Despite being relatively easy to invest into, beginner investors are frequently overwhelmed by the seemingly endless investment options for gold. If you’ve been thinking about investing in gold but aren’t sure exactly where to start, the good news is that gold is one of the easiest investments to make successfully.
Gold prices are inextricably linked to economic health: the value of the U.S. dollar primarily determines the current price of gold. Prices inflate and deflate due to a multitude of factors, and paper money is worth less when more of it is in circulation. When the value of the U.S. dollar decreases, the price of gold increases. The reverse is also true.
For many young people – as in, 20-somethings – the idea of investing money is a relatively new one. Sure, you may have toyed with some minor investments in your younger years, or you may have taken classes that familiarized you with the stock market and general economic system. But to actually consider where to put your money and why to choose certain investments is a whole new ballgame, and it is one that requires a great deal of thought and preparation. Investing money can be an extremely beneficial practice …
Essentially countries want lower currencies priced against other currencies in order to stimulate exports. Of course if your exports are cheaper for other countries, then stuff is also more expensive for your own people, but that’s irrelevant, right? Well, what happens when EVERYONE is devaluing against eachother trying to all stimulate exports? Well, you have all currencies losing value.