Gold Spot: 1,959.80 | 0.0% |
Silver Spot: 23.16 | 0.0% |
For the first time in their lives, great numbers of American investors are asking the question, “Why invest in the gold market?” The answers to this question are available for all who are willing to conduct a bit of simple research, and who are also searching for a way to protect their wealth throughout our current economic crisis. For the benefit of these security-seeking investors, the following are some answers to the question, “Why invest in the gold market?”
HISTORY
Since gold backs the value of every printed, or “fiat” currency in existence, there is an historic, inverse correlation between the gold spot price (which represents the cost of one troy-ounce of pure gold), and printed currency values. This correlation means that gold prices historically tend to rise when dollar values become suspect. It certainly is no secret that our nation’s dollar has suffered a tremendous thrashing during the past year, and fewer and fewer individuals have any reason to believe that this situation will improve any time soon. Gold prices historically rise throughout long-term periods of struggling dollar values, which is why stealthy investors purchase diversified holdings in bullion and rare coin, for optimal investing effectiveness.
CURRENT ECONOMIC OUTLOOK
Our current Administration has yet to reveal a tangible recovery plan for our nation’s economy, so they are touting economic recovery to anyone who is naive enough to listen. All political ideologies aside, investors must decide for themselves if they believe that economic recovery is truly at hand, or if physical gold investment makes more sense for them. Those who have completed their research are encouraged to contact one of our friendly specialists, who offer institutional discounts on bullion, and rare coin to household investors like you.