TopConsumerReviews.com
      August 17, 2018

Home  >  Buy Gold  >  Articles

Best

Buy Gold

  1. American Bullion
  2. Bullion Vault
  3. Straight Silver

Your Information Is Secure
Make a Fortune with Gold Coins Newsletter

Latest Reviews

Coffee Clubs

Company Incorporation

CPA Exam Reviews

Credit Repair Companies

Home Warranties

Meal Delivery Programs

Medical Alert Systems

Mobility Scooters

Pet Insurance

Whiskey Clubs

 

Related Articles

How To Buy Gold Safely Online

How To Invest In Gold

Why Gold Buying Has Become So Popular

Reasons To Buy Gold Now

 

Top Consumer Reviews Articles

TopConsumerReviews.com provides unique articles that you won't find anywhere else on the internet. These articles are designed to help you make the most informed decisions possible.

Reasons To Buy Gold Now

The price trend for gold in recent years has produced quite a roller-coaster of a ride, with values as high as $1,800 per ounce and more. Even at its lowest values in 2012, gold was still above $1,500 per ounce. Gold has been on a 12-year high which doesn't seem to be ending anytime soon.

Although the price of gold can fluctuate wildly from year to year, the recent trend has been a steady increase in value and record-breaking prices.

One of the biggest reasons to invest in gold right now is that, unlike other forms of currency or investment options, gold holds its value. It is not subject to inflation or uncertainty about the global economy. The only threat to the value of gold is a strong paper currency. While the U.S. Dollar has gained back some of its lost value over the last year, it still is too low to be a real threat to gold at this time.

In a recent report, the World Gold Council said it predicts the gold market will continue on its "bullish" trend. The report indicates that the annual total of 534.6t "represented the greatest level of demand (for gold) since 1964 as the net of central banks adding to their gold reserves was cast wider, reaching Brazil, Iraq and Venezuela". In a financial environment where countries are engaged in a staunch competition to devalue their respective currencies, central banks will continue to seek financial refuse in gold.

Investment firms also are driving the trend toward more gold investment, with bold predictions that the price of gold per ounce will only continue to climb. Big-name players such as Merrill Lynch and money manager Peter Schiff have called for prices to rise anywhere between $2,300 and $5,000 and more over the coming months and years.

Aside from the bold predictions about the future value of gold, there are other reasons why investors should consider placing their money in this precious metal.

One of the biggest reasons to invest now is because of the rules of supply and demand. Goldman Sachs estimated that the production cost for gold is around $750 per ounce. That is far less than its current worth, making it a prime investment at this time. However, as demand for a product grows, so does production of that product, creating a supply glut that eventually will bottom out the price of gold. It is best to buy gold and cash in now before this happens.

Another reason to invest now is the stock market. From 1999 to 2006, the price of gold soared. The time period when gold realized its biggest increase in value was from 2000 to 2003 when, coincidentally, the stock market was crashing. When the market crashes, and the value of traditional stocks and bonds bottoms out, investors look for a stable place to put their money.

Leading Brexiteer invested £70,000 in firm advising clients to buy gold to avoid impact of a no-deal Brexit

LONDON - A prominent pro-Leave Conservative MP and former Brexit minister has promoted and invested £70,000 in a financial services company that encourages the public to buy gold in order to avoid the ...

Published:  Wed, 15 Aug 2018 23:56:00 GMT



The case for buying gold miners as the group sinks to 20-month lows

Gold is having a dreadful year, as the strengthening U.S. dollar has knocked the dollar-denominated asset down to 18-month lows. But rather than run from the weakness, one investor says now might be t...

Published:  Wed, 15 Aug 2018 09:01:00 GMT



Chasing a 'gold open,' 'Crazy Rich Asians' supporters buy tickets for strangers

More than apparently 200 individuals and organizations have organized group screenings or bought tickets for others to see "Crazy Rich Asians." From left, Awkwafina, Henry Golding, Gemma Chan, Constan...

Published:  Wed, 15 Aug 2018 10:45:00 GMT



Following Our 'Sell Gold' Call, Precious Metal To Remain Weak

Following our last commentary, gold has weakened as predicted. Going forward, continued strength in the US dollar will keep weighing on gold. However, falling bond yields and crowded short positioning ...

Published:  Tue, 14 Aug 2018 17:06:00 GMT



Police Log: Caller conned into buying fool's gold

These logs are the highlights of initial emergency calls and reports to the Douglas County Dispatch Center. They do not represent all of the incidents or their final outcomes. 7:33 a.m. - Sex crimes i...

Published:  Tue, 14 Aug 2018 12:14:00 GMT



Asia Gold-India shifts to discount, while China buying picks up

MUMBAI/BENGALURU, Aug 10 (Reuters) - Gold was sold at a discount in India for the first time in six weeks on subdued demand as buyers bet that prices could fall still further after hitting near seven- ...

Published:  Fri, 10 Aug 2018 09:30:00 GMT



Which color Galaxy Note 9 should I buy: Blue, purple, gold, or black

The Galaxy Note 9 is undoubtedly going to be one of the best phones of the year - it's packed with every top-end spec under the sun, and the S Pen is better than ever with its new wireless functionali...

Published:  Tue, 14 Aug 2018 06:00:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure