investing money education strategies wealth creation

The New Gold Rush – Hedging Against The Next Financial Crash

Ever stop to wonder why the price of gold is off-the-charts, and pegged to soar even higher?   Most people don’t.

In 1993, I started my first job in the financial sector.  It was during that time I purchased my first 3 ounces of gold coins at a mere $383 per ounce.

Today, the price of gold is holding steady at a little over $1,300 per ounce. I still hold these precious coins, and I must say, I am very pleased with my profit margin.  I have purchased many more over the years, and each time, it feels like the very first.

The beauty of purchasing Precious Metal Gold assets is they are not to be used for every day consumption.  You simply hold on to them, if you have in your possession or keep in a vault.  If you are purchasing bullion, then I recommended investing in Canada or Switzerland vaults.  More on that in another post.

This post is to educate you on the relevancy of acquiring Gold and how it can help you hedge against impending inflation and, possibly, the next financial crisis.  Unlike the dollar, the value of Gold is not based on inflation or market fluctuations.  It is based on good-old “supply and demand”.  And yet, most people will take cash over gold.  Which would you choose?

Consider weakening currencies, international tensions and natural disasters in a world where social media communications can turn any geopolitical assumption into a major shock-wave to the financial system.

Precious Metals such as physical Gold, Silver, Platinum and Palladium provide protection against these major financial shocks by creating a strategically balanced investment portfolio.

Including Precious Metals in your retirement portfolio will provide the benefit of:

  • A hedge for purchasing power

When inflation devalues paper currency, the relative purchasing power of Gold and Silver generally remains intact.

  • Diversification & Protections

Precious Metals values generally move independently of stocks, bonds and Treasury bills, making them a possible hedge against unstable markets and keeping your portfolio balanced.

Here are some reasons to consider investing in Precious Metals.  Be mindful that there are certain IRAs like the Self-Directed IRA that will allow you to invest in Precious Metals.  Traditional and Roth IRAs do not.

  • Wealth protection
  • Wealth accumulation
  • Portfolio diversification
  • Hedge against governments, big business & economic/currency collapse
  • Coin collecting

 Here are some Precious Metal Types

  • BULLION: Value of the coin, bar or round is based solely on the metal content.
  • SEMI-NUMISMATIC: Coins that have value based on both their metal content and their potential collectible value.
  • NUMISMATIC: Coins with prices that depend more on factors such as rarity, condition, dates and mintmarks than on their Precious Metal content.

Creating your wealth legacy takes time, patience, and persistence.  Consider investing in precious metals as a way to hedge against inflation and protect yourself from an financial crisis. Always seek out ways to improve your money game and master it!

To Your Remarkable Life & Legacy!

 

 

 

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