Unlike paper assets such as stocks or bonds, physical gold brings a lot more to the table than the potential for higher prices or dividends. If you do not already own physical gold, here are three major reasons you need to consider an allocation right now.
- Gold is the only real form of money: The problems associated with fiat, or paper currencies, are nothing new. Paper money has shown a strong tendency to lose value over time. As paper money declines in value, so does the purchasing power of that money. This means that as the dollar weakens, each and every dollar buys less and less goods and services. In effect, you have to earn more to simply “breakeven” with rising inflation. Gold, on the other hand, is of finite supply and cannot be printed at will like paper money. This means that gold can potentially hold its value, or even increase in value, over the long-term, safeguarding your purchasing power in the process.
- Gold comes with multiple benefits: Although physical gold carries with it the potential for significant price appreciation, it also comes with other, equally important potential benefits. Gold can be extremely useful for portfolio diversification (just ask central banks). The yellow metal can also potentially provide an important hedge against inflation, deflation, and numerous other geopolitical and economic issues. Unlike paper money, it provides these potential benefits while having zero counterparty risk. Gold is also extremely liquid, and easily transacted anywhere on the globe.
- Gold has a long history: Gold has been considered a reliable store of wealth and value for literally thousands of years. From ancient pharaohs to modern governments, the metal has been valued as a store of wealth and symbol of prosperity. This long and significant history would suggest that gold is not going anywhere, and will likely remain an important store of value and protector of wealth for thousands of years to come. Paper currencies may fail, companies may go bankrupt and defaults may occur, but gold will still be around. There simply is no comparable asset class.
An allocation in this key asset class is more important now than ever. Adding an allocation has also never been easier than it is today.
Speak with an Advantage Gold account executive today about the potential benefits of physical gold ownership. Our associates are here to answer any questions you may have, and can even show you how to buy and hold this key asset class using an IRA account. Don’t let weaker currency values, rising inflation or the risk of defaults take a bite out of the wealth you have worked so hard to build.
Explore your options for gold ownership today. Call Advantage Gold now at 1-800-341-8584 to get started.Tags: advantage gold, diversificatoin, dollar, gold, inflation, liquidity, paper money, purchasing power