Is Gold A Safe Investment ~ The Gold Blog


Is Gold A Safe Investment

Gold is one of the safest investments out there; the reason for this is gold has intrinsic value and will not become worthless because of human error unlike a stock. In fact gold coins and bars still retain value even when the organization that minted it goes out of business. Physical gold unlike other assets does not take any additional funds to maintain if you store it yourself. Also some gold coins can build numismatic value over a period of time.

Another reason why gold is a safe investment is gold’s ability to protect wealth from inflation. Since it takes desired work to mine more gold there is a limit on the amount of gold that can be added to the gold supply at any given time. Other assets that can be duplicated without desired work are prone to being diluted and can become worthless because of increased volume.

One last reason why gold is a safe investment, is gold’s ease to liquidate. Gold is one of the easiest assets to sell. Most places that sell gold will usually buy gold. With the advent of the internet there are many sites you can sell gold to. Also with auction sites and classified sites, finding investors to sell your gold to has never been easier. Gold because of its intrinsic value, its ability to protect wealth from inflation, the limit on how much that can be mined and its ease to liquidate, makes gold one of the safest assets an investor can have.

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Is Gold A Safe Investment ~ The Gold Blog