The answer depends on what your goals are and what made you interested in buying gold in the first place. Also, how long are you to looking to invest for? Are you buying the gold within a retirement account like a Self-directed IRA? The answers to these questions could have an effect on your decision as well.
If you’re simply looking for a hedge against financial uncertainty and/or to capitalize on gold’s price movement, then contemporary bullion coins will do what you’re looking for.
It’s been said that when it comes to gold investing, timing isn’t the real issue. The more important aspect is to buy gold when you need it. Because gold is wealth insurance and a traditional safe haven for preserving value relative to other goods, especially if you’re overexposed in stocks, bonds, and mutual funds. Gold can be your best choice for true asset diversification.
Is your portfolio safe?
Gold is not like other investments. While you’re waiting for the price of gold to come down your portfolio could be losing its value relative to devaluing currencies, inflation, dropping stock values, and more.
But the stock market is breaking records. Why worry?If you listen to the experts, there’s plenty of reason to worry. Experts like Marc Faber, Peter Schiff, Donald Trump, and Robert Wiedemer have all been warning of a massive wealth destruction that’s lurking just over the horizon. Swiss economist Marc Faber says that when the day of reckoning comes the “well-to-do may lose up to 50% of their total wealth.” When asked what he thought the odds were for a global recession happening, his answer was unambiguous: “100%.”
Well respected economist and investor Peter Schiff says that 2008 “wasn’t the real crash––the real crash is coming.” Donald Trump is even more dire in his predictions. He warns that the U.S. could soon become a large-scale Spain or Greece, balancing on the edge of financial ruin. He also says that with debt as high as it is in the U.S., a credit downgrade is almost inevitable.
And it’s not just Trump, all the experts worry about the massive government debt, which is becoming a number so high as to be nearly unimaginable.
Okay. Enough of the doom and gloom, let’s talk about what we can do to protect ourselves.
A Better Time to Buy Gold May Never Come
Before you invest any of your money, make sure to do your homework and get the best information available. You can begin by downloading a FREE mini-course that will help answer many of your questions about gold investing and coins, which coins are the best investment, and investing gold in an IRA. Full of important money saving investment tips, this guide has helped teach many of our clients to invest like experts. If you’d like to save precious time and possibly thousands of dollars, you need to read this today!
An investment portfolio that isn’t diversified could be leaving your retirement in danger. The clock on your money is ticking. Don’t wait to protect your assets.