Many people have heard the drumbeat of financial advisors telling people to invest in gold. A lot of them are asking, why invest in gold now? During challenging economic times, gold is viewed as a stable investment less likely to be affected by stock market swings and real estate busts. Because gold is a commodity you can hold in your hand, it is generally considered different than paper investments such as stocks and bonds.
Throughout history, gold has always had value. Since ancient times it has been used for jewelry, money and symbolism. This has never been truer than it is today. India is the world’s largest buyer of gold. In India, gold is important in body adornment, religious decoration and for industrial use. Developing nations worldwide are experiencing a boom in gold.
If you decide to invest in gold, you should always buy from a reputable dealer like Merit Financial that has a long history of treating their customers fairly. Gold has always had the problem of shady individuals trying to scam people into paying more than they should. By choosing Merit Financial, which has been in business for 26 years, customers know that the gold product received is worth the money they are paying for it. They will also deal with important issues like security, insurance, shipping, storage, and appraisals. There are all kinds of serious considerations that could impact the value of your purchase. Advisors should assist you in determining what kind of gold you should buy. Do you want gold bars, gold coins, or gold bullion?
The history of gold is fascinating.
Scientists believe that all the gold discovered by man came from meteorites. Egyptians loved gold; gold became the first universally recognized metal for coins, and the lust for gold led to wars and new discoveries.The world uses gold to recognize the best of the best. First place medals are called gold medals and are often made of real gold. Trophies like The Oscar and The Grammy are typically gold-plated. We even refer to the top in any field as The Gold Standard.
Industries need precious metals like gold for all kinds of industrial uses. And gold is also a symbol of love with many wedding rings, engagement rings, promise rings and necklaces fashioned out of the precious metal.
There are many risky places to buy gold. The internet is filled with gold offers, but how can you buy gold from an unknown source without taking a big risk? Sites like eBay warn you to be very careful in buying expensive items because there are many people out there trying to take your money.
The current political climate means that gold will likely stay strong or even break records in the next few years. There is obviously a risk in any investment, but the history of gold’s recent rise indicates that it is not just a one or two year trend, but rather a change in attitude towards having gold in your portfolio.
Gold is a very liquid investment, there are always buyers in the market and your money is not tied up if you need to sell. Some people are so convinced of a future upturn in gold that they consider it even better than money in the bank.
HOW A $17,537 CASH INVESTMENT BECAME A $4 MILLION PROPERTY GENERATING A YEARLY NET INCOME OF $315,000!
(AND THE STEP-BY-STEP DETAILS OF OTHER OUTRAGEOUSLY PROFITABLE REAL-LIFE PROPERTY DEALS)
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