What Makes Gold Bullion A Safe Haven Investment
We simply do not know what is going to happen with this economy, and if the US bailouts will find success or failure yet. The General Motors bailout might be a rousing success. However, the opposite could be true of the auto industry and or the banking system. Simply put, there is no way to tell.
We can't foretell the future, but we can review the past. Gold has always been, and will always be a safe haven investment. It doesn't matter how the worlds financial system ends up, gold is here to stay.
Now, the above statement may sound a little extreme so many. However, the truth is gold bullion offers a level of protection from economic collapse that no other commodity offers. Some of the soundest advice you can receive is to diversify your investment portfolio. There are four main investments that make up a well diversified portfolio- Stocks, bonds, real estate, and physical gold bullion (coins and bars).
It's pretty clear that the rich and savvy investors are running to gold bullion. Here's a couple reasons why:
1) Formerly secure currencies like the U.S. dollar are facing serious problems, while reserve currencies are consistently devaluing, gold is increasing in value steadily.
2) The world financial institutes demand their debts with each other be payed in nothing less than physical gold bullion, what do they know that we don't?
Essentially, when times get tough, the tough buy gold. This economic stimulus package and the billions of dollars in it don't appear out of thin air. Realistically there are going to be consequences for these actions. A huge stress relief is when your investment is in a commodity that is as secure as possible. A huge hint that gold is secure is the simple fact that major banks hold their assets in physical gold.
It can't be emphasized enough that what is being referred to here is real physical gold bullion. Don't be fooled by people selling you snake oil gold ETF's and such. Admittedly these kinds of investments to have their purpose when thinking in the short term, but they actually devalue the longer you have them. Think long term when making your gold investment and you will be much safer.
You can't argue that gold has steadily and consistently risen in price for the past 8 years. This trend will continue as the economy continues to decline. Spot gold will be selling for over $1000 per ounce by the end of 2009, and that is less than half of what it could end up on if the 1980 gold boom is any indicator at all. - 23226
We can't foretell the future, but we can review the past. Gold has always been, and will always be a safe haven investment. It doesn't matter how the worlds financial system ends up, gold is here to stay.
Now, the above statement may sound a little extreme so many. However, the truth is gold bullion offers a level of protection from economic collapse that no other commodity offers. Some of the soundest advice you can receive is to diversify your investment portfolio. There are four main investments that make up a well diversified portfolio- Stocks, bonds, real estate, and physical gold bullion (coins and bars).
It's pretty clear that the rich and savvy investors are running to gold bullion. Here's a couple reasons why:
1) Formerly secure currencies like the U.S. dollar are facing serious problems, while reserve currencies are consistently devaluing, gold is increasing in value steadily.
2) The world financial institutes demand their debts with each other be payed in nothing less than physical gold bullion, what do they know that we don't?
Essentially, when times get tough, the tough buy gold. This economic stimulus package and the billions of dollars in it don't appear out of thin air. Realistically there are going to be consequences for these actions. A huge stress relief is when your investment is in a commodity that is as secure as possible. A huge hint that gold is secure is the simple fact that major banks hold their assets in physical gold.
It can't be emphasized enough that what is being referred to here is real physical gold bullion. Don't be fooled by people selling you snake oil gold ETF's and such. Admittedly these kinds of investments to have their purpose when thinking in the short term, but they actually devalue the longer you have them. Think long term when making your gold investment and you will be much safer.
You can't argue that gold has steadily and consistently risen in price for the past 8 years. This trend will continue as the economy continues to decline. Spot gold will be selling for over $1000 per ounce by the end of 2009, and that is less than half of what it could end up on if the 1980 gold boom is any indicator at all. - 23226
posted by X - Men @ 5:03 AM
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