Paper money is… well, paper. When you think about it, our currencies depend on the promise of value. Our governments keep this promise afloat with a stable economy which is not struck by inflation. It is what we are usually told. However, inflation is always around, and people are becoming more and more uneasy about the global, interconnected economy where a seemingly small crisis on one end of the world can cause a major upset on the other end. There is a growing sentiment that another crisis followed by an economic decline is right around the corner. It is why people choose to invest in something tangible like gold.
There are several ways you can become an investor in gold. You can go for the simple, direct ownership, which means owning and storing your coins, jewelry or bullions. You can choose to trade gold just like any other commodity on the stock market through gold exchange-traded funds or opt for gold mutual funds which hold gold related stock portfolios.
Here we will tell you about a few reasons you should be an investor in gold and why is this kind of investment a practical solution for you. You can even consider building your own business on the internet, selling gold through sales funnels. Nowadays you have excellent tools like Clickfunnels to setup a webpage and maintain it on your own.
The advantages of investing in gold
Gold has been the most precious metal ever since mankind developed metal working skills. It is the most desired metal with excellent properties. Gold is coveted because of its malleability, conductivity, longevity and many other properties.
Next, gold is usually thought of as an inflation-proof investment. It is not like most other products or commodities which lose value over time and are severely affected by inflation. Gold does not have a problem with losing value.
Finally, gold will never lose intrinsic value. History of metal smithing proved that gold has always been in high demand. Moreover, gold has the marvelous property that it becomes a universal currency in times of crisis. When hard times hit, especially when they hit very hard, gold will always be a way to get out of trouble.