Are you looking for an investment that can’t fail you? Get real! What type investment is completely safe these days? Believe it or not, there is one: gold investment. When you invest in gold, you are banking on a chemical element that is timeless, historical and destined to retain value, long into the future. Here are five reasons to consider investing part of your assets in gold.
1. When you invest in silver or gold, you protect against inflation.
The U.S. government is currently $63 trillion dollars in debt. As the Federal Reserve prints out more money, it negatively impacts the worth of the dollar. Therefore, investing in gold (with whatever the current U.S. dollar is worth) will protect you against inflation.
2. When you invest in precious metals, you heed the warnings of overseas nations.
What is currently happening in the world scene as regards the U.S. dollar? China recently sold one billion in United States treasury notes. Venezuela, United Arab Emirates and Kuwait have all similarly replaced their U.S. dollar reserves with other currency. Everyone is getting out of the U.S. dollar dilemma while they still can. You probably don’t want to change your currency; but why not invest in gold, which retains current market value forever?
3. The demand for gold is outweighing the supply.
Mining production cannot keep up with the demand for gold. Since 1992, there has been over one billion ounces of gold produced. Reserves are about half that size and steadily shrinking. The demand for gold is so high that junior mining companies are being desperately sought out for new discoveries. However, new discoveries have slipped drastically since the mid-1980s. Simply put, we are going to run out of gold soon and when that happens, the price of gold will spike.
4. Gold is historically bankable.
For thousands of years, man has depended on gold as a form of currency and as a form of commodity investment. Gold has never depreciated, though currency and entire nations have come and gone. When you invest in gold, you are banking on history. Gold cannot be created. In fact, most financial experts and politicians readily admit that all currencies are “suspect” and only as important as the nation that issues them. Gold, on the other hand, represents something infallible.
5. When you invest in gold, you contribute to the betterment of the world economy.
When you buy gold, you increase the demand for gold. In turn, this prevents the government from printing more money and placing its citizens in debt. Gold also prevents currency devaluation (which hurts many nations at once) and increases the overall wealth of the nation and the whole world. Gold investment also protects against abusive usury.
Gold investment may be your only means of protection against falling U.S. currency. The U.S. dollar has dropped over 30% since September 11th. Meanwhile, gold and silver have increased by 50%. Do the math! It’s time to start appreciating the properties of gold.
