There appears to be considerable confusion about buying gold, however, you should learn the correct way to buy gold to enhance your investment portfolio. Statistically, gold remains the most popular precious metal for investment purposes. The price of gold per troy ounce has continued to rise since 2001. Gold tends to be sold when the economy is weak, thus it provides a cushion. Gold is respected throughout the world and there are many good reasons to invest in gold. The value of the dollar fluctuates, whereas gold and other precious metals tend to hold their value.
Gold has always been a symbol of wealth; many generations have invested in gold because it holds its value. If the American dollar weakens in comparison to other currencies then investors clamour to buy gold. For instance, the dollar dropped to its lowest point during the 1997 Asian financial crisis, hence investors started buying precious metals. Financial experts know how to invest in gold, whereas the ordinary man in the street knows little or nothing. We have all read the horror stories surrounding gold investments that have not been handled by recognized professionals.
Many people in the entertainment and financial world have invested in gold. Alan Colmes, Jerry Doyle and Dennis Miller are among them. These are successful people who rely on their investment plans. Here is a great example of how quickly gold grows in value:
In 2001 a couple with an Individual retirement account (IRA) had a pension pot worth $33, 000, and 00. Twelve years later, in 2013, the same IRA was valued at $175, 155, and 64.
This is another reason why countries like India and China are buying huge quantities of gold, irrespective of the price.
Anyone who wants to become a gold investor should avoid online gold dealers. This type of dealer usually asks for wire or cash transfers. You may dream about the huge gold bullion bars that remain locked in the bank safe deposit boxes, however, in reality, few people have that amount of money to invest. Prospective gold investors with smaller sums of money to invest should consider the alternatives.
People have been investing in gold for two thousand years. You must believe us when we tell you that gold prices have reached an all-time high. In fact the price of gold has risen during the last decade, but tripled over the last six years.
If you are looking for a free gold investor kit you should click on the link: http://buygoldhouston.org. Naturally, you will benefit from meeting with one of our advisers. Our independent advisers will find you the most suitable deal. REGAL ASSETS are backed by 500 Market Watch and Forbes Inc. We are established gold traders with a wealth of experience.
Many current clients have written reviews and we invite you to read their feedback. We feel investors should take advantage of rising gold prices. Our forefathers have been investing in gold for two thousand years and the plan has worked for them.
Do you constantly wonder how you can make your money work for you? Are you a cautious investor who is happy to make safe, but marginally less rewarding investments? We have a long list of investors who have placed their trust in us; we also have a unique way to buy gold reviewers say. If so many people have reaped the financial benefits of buying gold, isn’t it time you started to enjoy the benefits too?