Securing your financial future with gold
Even the savviest of investors know that all ventures come with risks. Gold is a time-tested asset that is consistent even in turbulent economic climates. Playing your cards right through carefully placed investment strategies can provide multiple short- and long-term benefits. If you want to build a nest that safeguards against tough times in the future, investing in gold can ensure you reap the highest rewards.
Appreciating asset
Gold is such a safe bet that investors believe it can be a cushion in a rainstorm. It has survived centuries as a top asset despite global shifts and remains an intrinsically valuable asset compared to currency. Its appreciating value becomes all the more important when you consider that currency has lost 99% of its purchasing power since the early 20th century.
As for larger players like the U.S. Federal Reserve system, gold has a historical and contemporary value. During the Second World war, out of fear of economic collapse, most countries entrusted the U.S. with their gold reserves. The resulting accumulated wealth provided power to the U.S. economy and proved the age-old adage that gold is its own currency.
Gold ownership
The dynamics of ownership are equally important for investors who want to use gold as a viable asset. The type of gold you buy and how you safe keep it makes the difference in its vitality.While gold jewellery accounts for about 50% of global demand, it also has a higher depreciation rate. Gold jewellery has a lower percentage of pure gold than a bar as its total weight includes precious stones and other materials. Similarly, when investing in a gold bar, the kind of bar you get is crucial.
Minted Bars vs Casted Bars
Most people get cast bars of gold. Cast or block gold is liquified gold poured into moulds and cast into bricks. Minted gold bars are premium versions, uniformly compressed through a machine to achieve incredible detail and personalisation. The physicality of a gold bar is proportional to its value. It’s the reason why smart investors ensure that they get premium bars.
If you want to sell gold to get out of a financial bind, acquiring a minted bar as opposed to a cast bar will give you a better return. This is due to its meticulous manufacturing and certification, which can translate into a higher resale value.
Storing Gold Outside of the Banking System
Usually, gold owners secure their investments in federal reserves and their trusted banks. But there is considerable evidence that supports storing your gold other than within the banking system. Government confiscation of bank reserves, sudden economic downturn and bankruptcy could waste your assets if a banking system collapses. Buy dedicated gold, only attributed in your name, and store it at home. Storing gold outside the intermediary systems leaves no strings attached to unforeseen loss and retains access to your gold as needed.
Contact us to find out how HMB Gold can help you purchase certified gold that can secure your future and give ROI.
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Securing your financial future with gold
