When it comes to buying gold, most people only do it when there is uncertainty in the stock market or in the world’s economy. This is because when consumers think of gold they think of wealth and money. But truth be told, gold is “true treasure” and one of the top investments you could ever make!
Here are three reasons you should consider investing in gold.
Reason #1 – Price.
Right now you can buy gold bullion for below its replacement value. If you know anything about investing you know the number 1 rule is to always buy an asset if its priced below its value. In recent years, there has been a boom in gold prices.
The problem is the production cost has also went up and will continue to do so. Unless the price of gold continues to go up or some new technology is invented that makes it cheaper to produce, expect production to taper off.
That, of course, is a good thing for those who have invested in gold. The demand for gold will definitely increase! The supply however may become a little scarce. And when there is high demand and low supply… prices skyrocket! This is why billionaires and countries such as the US, UK, China, Russia, India, Brazil, Germany, New Zealand and Australia are buying and stocking gold bullion by the tons.
And you should too!
Reason #2 – Diversify Your Portfolio.
If there is one thing every investor should have is a diverse portfolio. The sad part is most of them don’t. Most people have a portfolio that is in imminent danger because it mainly consists of mutual funds and stocks. This is a death wish and one of the ways you can lose all of your money.
You should have at least 2% of your portfolio in gold. Thousands of smart investors are rolling over their Individual Retirement Account into a gold IRA. If you want to secure your wealth, you absolutely MUST diversify and invest in gold for security and longevity.
Reason #3 – Value.
If you are what is known as a “value investor” you know mining companies are the types of stocks you look into when you are looking for deep value. These days its getting harder and harder to find value as stocks have been doing pretty good over the last few years.
And while most investors would say mining stocks have lost their value, the savvy investor knows this is not correct. Do your Google research to figure out which companies will survive the commodity boom. If you identify them now, you will be able to pick the winners and cash in BIG!
Buying gold bullion + gold IRA + gold mining stocks = True Wealth
The great thing about gold is it doesn’t take a lot for it to rally. One unexpected bout of inflation and its off to the races. And unlike other commodities, gold can be driven by more than just economic activity. It can also be driven by politics.
Right now is the perfect time to buy and invest in gold for you, your retirement, your family and business.