Where To Buy Gold

 

Have you ever wondered why gold and silver are such popular precious metals for investments? If you take a look around at what's going on in the global economy, you'll quickly see that governments are building up massive debts, inflation is a serious concern, currencies are volatile, and we do not appear to have learned much from the last banking crisis, either. Life is becoming more and more expensive, and currencies are becoming less and less valuable.

 

Buying gold is one way to protect your purchasing power. Gold has a value that is intrinsic and separate from that of any currency. When you own gold, you're giving yourself a buffer against a banking collapse, or massive economic crisis. Gold is simply more stable, and safer than paper assets or traditional currency.

Gold protects you against any bad decisions that the governments make. If the economy in the country where you live collapses, the gold that you won will still have value, and you can trade it, or sell it at the new value of your currency, to retain some purchasing power and get through rough times.

 

Physical assets, held outside of the banking system, are really the best way to keep your purchasing power and survive any coming financial struggles. Shares are volatile in a way that gold is not - as one look at the FTSE 100 would tell you, or the FTSE 250.

 

There are so many threats to the global economy right now. The Brexit vote, for example, sent a shockwave through the UK and Europe, and that was just a vote. The UK is yet to trigger Article 50, and when it does we will see yet another shock, followed by an adjustment period as companies try to understand the implications of whatever the new trade, employment, and tax rules are.

 

Gold is volatile too - but to nowhere near the extent that less tangible assets are. If a company goes bust, their shares are worthless. If an economy collapses, the currency becomes nearly worthless. Your gold will not just 'cease to exist' one day, so it will always have some value - and the comparative value of gold, when you cash it in as a safe-haven asset - is likely to be much, much greater than anything else you hold.

 

That's not to say that you shouldn't diversify your portfolio. If you can afford to invest in slightly riskier shares then there's always the possibility of very good returns from them. Even standard savings accounts are good for building up a safety net while retaining some degree of liquidity. The trick is making sure that you have assets that will see you through any kind of emergency - and that's why having gold in your portfolio is a good idea. It may not be as liquid or accessible an asset as some of the other things in your portfolio, but it is a stable and valuable asset that everyone should have.

 

So if you are serious about investing in gold, which you probably are, hence you being on this page in the first place, the question has to be asked, who is the best company to buy gold from?