Why purchase gold?
We thought we’d show you why Minted is one of the best gold dealers on the market.
Alison
Last Update vor 2 Jahren
One of the principal advantages of gold is that it has a long history, so there is a wealth of historical data to assist in making an informed decision. The value of this precious metal in the global economy dates back thousands of years. The US dollar itself was pegged to gold until 1971. Central banks continue to hold substantial gold reserves because it aids in the preservation of wealth.
Overall, one of the most significant advantages of gold is that it provides diversification. While investing in stocks may be beneficial when times are good, it can be disastrous in the event of a sudden, dramatic downturn. Given how frequently gold as a commodity moves in the opposite direction of other markets, you may find that this metal is a valuable tool in delivering stability.
Historically people have turned to tangible assets such as gold bars to protect their wealth and secure their purchasing power over long periods of time. With leverage and systemic risk at record levels, assets outside of the banking system such as gold and other precious metals are attracting greater levels of purchasing interest.