There are many reasons why you may want to consider investing in gold and silver. Here are five of the most popular:
1. To Preserve Your Wealth:
We’re living at a time when the U.S. dollar has lost value for 40 years and now has just 20% of the purchasing power it had in the 1970s.
At the same time the value of the dollar is declining, stock and currency investing is turbulent and experts are saying that we can no longer rely on Social Security or the government to take care of us when we retire.
Meanwhile, while all the above negatives continue to pile up and paint a bleak financial picture, the price of gold and other precious metals continues to stay strong and countries like China and India are stockpiling gold with an eye toward the future.
Here is another reason why gold in particular is such an attractive investment option right now:
Gold prices are up over 430% over the past 10 years and experts expect them to continue rising – in fact, many experts now believe gold could reach as much as $5,000 or even $10,000 an ounce at some point!
2. To Increase Your Liquidity
Another great benefit of buying gold, silver and other precious metals is that they are among the most liquid assets in the world.
It’s true, you can use gold and silver coins as money or to barter for goods and services all over the world. In comparison, stocks, bonds and in many cases even paper money do not enjoy the same global recognition and ease of use.
3. To Diversify Your Portfolio
In today’s turbulent economic times, diversification is more important than ever!
For example, the Wall Street Journal recently reported that “The average person age 60-62 with a 401k account has less than one quarter of what is needed to maintain their standard of living.”
In many cases it’s not the individual’s fault – many saw years of saving wiped out by the 2008 financial crisis.
Diversification into gold and other precious metals now could help protect you against similar crises in the future. By investing in gold, silver and other precious metals you’ll protect yourself against the risks of investing solely in stocks, bonds and mutual funds
4. To Protect Your Purchase Power
Few investment vehicles have withstood the test of time like gold, silver and other precious metals. For example, the value of gold has remained very steady over time. Gold 100 years ago would have bought the same amount of goods as gold today. Experts see no reason why this will ever change in the future. This fact makes gold a safe haven against inflation and financial crises!
5. Tax Deferred Growth
Finally, another big advantage of investing in gold, silver and other precious metals is that you can accumulate growth from your investment on a tax-deferred basis.
This is a powerful advantage that you do not enjoy when you invest in more traditional taxable investment vehicles and it can allow you to build your retirement savings much faster and much easier.
These five benefits are the only ones that come with investing in gold and other precious metals. For example, when you invest in precious metals you will also get to maintain physical possession of your coins. You will also get to avoid all those costly transaction fees that commonly accompany stock market and other types of investing.
To learn more about the many benefits of investing in precious metals as well as to learn how investing in gold, silver and other precious metals can secure your retirement, please contact RC Bullion at 213-465-4835 or visit WWW.RCBULLION.COM
