Can I make money if I invest in gold

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Answered by: Rich, An Expert in the Things to Know Category
Is Gold Worth Your Investment?

Gold is a fine metal that has been highly valued for thousands of years. Wearing it evokes a sense of power, and collecting it can make you rich one day. Some of the best reasons, discussed in this article, are: gold consistently rises in the stock market, gold is currency, gold is a tangible asset.

Worth More in the Long Run

With the economy pushing for more gold, a limited resource, it’s not hard to see why the price of gold has been rising quickly and steadily over the last 10 years with very small dips. In September of 2007, the value of gold was at a high $709.50; in September of 2017, gold’s value has increased to $1331.40, almost twice its value in a short ten years. It might be costly to invest in gold stock, but gold will always be costly. On the bright side, you can always expect a return on your investment. There is more to be gained in the long run.

Universal Value

There isn’t a country that doesn’t appreciated gold. The beautiful and versatile metal has value on a universal scale. Gold has a history of holding its value, unlike the U.S. dollar and other currencies. The U.S. dollar for instance has declined in value due to America’s large budget and trade deficits. In fact, the 1 U.S. dollar is equal to 0.84 Euro today. The Euro has been rising over the years due to economic growth in Europe, and the American U.S. Dollar has lowered in value due to growth in debt. No matter where you are or where you take your gold, you can rest assured that your gold will retain its high value if not exceed it.

Money You Can See

Whether you’re buying gold coins or gold bars, one of the benefits to buying gold is that you can see your investment, as opposed to investing in other areas of the stock market. As mentioned earlier, gold holds value in all countries, and having access to a physical asset is more useful and valuable than the U.S. dollar in a foreign country or having your money invested in the stock market that you can’t immediately get your hands on. Gold is also easy to take care of and maintain. You can light money on fire, but gold cannot be destroyed. You can store it away It’s a smart and safe investment.

Gold is more than just jewelry to be worn out or a memento, it is wealth by definition and will continue to prosper long before we’re gone. No matter where you are or what country you’re in, gold will always have high value. Investing in gold is smart, safe, and sure. It’s easy to take care of, easy to store, and can’t be destroyed. If you’re thinking about taking steps to invest in gold today, contact GOLD COMPANY at, XXX-XXX-XXXX. If you’re going to spend money to make money, gold is your safe bet.

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