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How to Protect Your Wealth – Invest In Gold!

As the price of gold increases and the value of the US Dollar declines, due to excessive money printing (stimulus), more and more people worldwide, are looking to gold as a method of safe investment. Gold is a precious metal that can shield you from rising inflation and is a sure fire way to protect your wealth during tough economic times. There are various ways to buy gold. Aside from jewelry, gold ingots and coins are the most common types of the “yellow metal” purchased by investors.

If you are new to gold investing, it is essential and recommended to do some research prior to buying. There are many options open to you and it is up to you to find one to suit your requirements. Learn about the hallmarks and stamps that certify the gold bullion and have a basic appreciation of their meaning to validate your purchase is reliable. Hallmark stamps are there to certify weight and purity of the gold bar. There is a lot of information on the internet that might be overwhelming and some bullion dealers are not looking after your best interests in terms of their current pricing.

Historically, the trade in gold goes back as far as the Egyptian and Roman times when it was used as an effective way of amassing wealth and showcasing success. Today, gold offers a secure way to protect your wealth and is free of counter party risk. Although it isn’t recommended to have significantly more gold bullion than cash, it’s definitely a good way to hedge against traditional investments like stocks and bonds.
Just remember, unlike paper investments, gold can never go to zero!

The major motive why people decide to buy gold, is that it is a good investment strategy for wealth preservation. Gold bullion is accessible to most people and it isn’t necessary to have a lot of money to get started. Gold bars are available in 1 gram, 1oz or 10kg bars or you may opt for coins. So again, you do not need to spend a fortune to get started. The important thing here is that you DO get started! With today’s troubled economy and record deficit spending, your paper money can easily lose its value in a short time, so buying gold bullion could turn out to be a very smart move in the long term. The current foreign exchange rate doesn’t affect gold unlike paper money, won’t wear out and is guaranteed to be valued and recognized around the world.

If you are currently considering buying gold, there are various ways to get started. Unlike stocks, it is comforting to know that the value of gold will never go to zero. Gold bullion bars are genuine, solid assets, and for centuries have proved the best method of stocking up capital, while hedging against inflation. The physical metal is a “liquid investment” that can be moved around very easily and used in any part of the world. There are experts online who will help you make educated decisions and offer 99.99% pure gold, precious metal accounts, storage and insurance at no cost and current market information.

For those investing in gold on a small or large scale, gold bars or “ingots” can be a lucrative and easy way of investing. The larger the bar you buy, the cheaper you will get it for per ounce. However, when you want to sell the bar, it may be more difficult to do so, because smaller sizes are typically easier to both sell and purchase. This is particularly true if the price explodes during inflation or even a deflation and global currencies continue to lose their purchasing power, due to reckless monetary policies of various governments.
Again, because gold can never go to zero, you will end up being ahead of the game because you took the time to protect your wealth by diversifying and investing in gold :)
Check out the video below where Mike Maloney explains in great detail.

Gold Investing: A Wise Strategy  

Gold Current Book Recommendation: Gold & SilverBefore retirement, it is essential to make smart choices during financial planning. People usually invest in stocks, bonds and fiat currencies, among other paper assets, to save for day to day expenses during this time. However, the current market scenario has shown that the return on these investments are not what they used to be. With inflation and currency devaluation, these investments are subject to changes in the economy and may actually result in heavy loss for someone during an economic slowdown. To avoid such unfortunate outcomes, it would be wise to consider precious metals for your portfolio by diversifying it with gold and silver.

Uncertainty in the economic environment across the globe calls for investment in an asset that does not depreciate in due course of time. Precious metals, like gold, silver or platinum are certainly the best options when looking for an investment providing hedge against inflation. Gold as an investment helps individuals in securing their future financially. Many reputed firms offer assistance in setting up self-directed IRA in gold to those who wish to invest in gold. New changes and developments in the rules and regulations regarding gold IRA have made it easier for people to purchase gold or shop for silver for investment.

It is preferable to purchase gold coins and gold bullion bars, the value of which increases due to factors like inflation, deflation or currency devaluation. As an advantage, purchase of gold is not regulated by any monetary policy of politicians or bankers and do not have the counter party risk other assets are associated with. These are some of the major reasons that persuade individuals to invest in gold or precious metal investments, when securing their future. Self-directed gold IRA can be accomplished by seeking help of reputed brokerage firm, which serves as the custodian of IRA accounts.

The brokerage firms inform their clients about the benefits associated with these investments and assist them in strategic investment plans. IRA owners are advised to study gold history and keep an eye on the latest gold news. This would enable investors to make appropriate changes in the investment plans and maximize financial gains. With ample room to gain and nothing to lose, investment in gold is certainly a wise decision for those who wish to lead a financially stable life after retirement.

For more in depth information on how to protect your financial future by investing in gold or other precious metals, check out the Guide to Investing in Gold & Silver from widely recognized expert, Mike Maloney.