Before answering that question, let’s take a look at what gold is:
Gold is money––real money.
Such has been the case for millennia. Gold has played a major role in the economies of many nations. Although it is no longer a primary form of currency, gold is still one of the most solid, long-term investments around and can be a valuable addition to any portfolio. This is most true in a bear market.
In 1971, President Richard Nixon ended the use of gold as a standard and replaced it with the U.S. dollar as the world’s reserve currency. Since then the dollar has lost 82% of its purchasing power.
This is why gold is considered real money. As has been said, “Gold is money––everything else is credit.” Gold is the only currency which has no liability attached to it.
While gold no longer remains a primary form of currency in the developed world, it is still a popular investment for a number of reasons.
There are many ways to own gold, but none of them offer the assurances of real physical gold. Gold has long been the ultimate form of wealth preservation. Buying physical gold in your own name and storing it outside of the banking system is the best way to protect your wealth.
Are you a large scale investor? Then maybe bars are for you. For example, if the owner wants to sell one ounce from a ten ounce bar it’s not practical to slice the bar off at one end. This also limits the choices of the buyer as they will need to find a large dealer. It is also more unlikely that a private buyer can be found as most people are not familiar with gold bullion bars.
On the other hand, gold investment coins are available at competitive prices compared with similar size gold bars. At RC Bullion, we only sell official coins produced by government mints. These coins are guaranteed by the full faith and integrity of the governments that produce them.
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 gold and silver investment guide 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.
In our gold guide you’ll find answers to questions like:
Full of answers to these and other questions as well as many 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.