TopConsumerReviews.com Best Buy Gold
      December 15, 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

Bunk Beds

Charm Bracelets

Dating Sites

Eczema

Flower Delivery

Fruit Baskets

Guitar Lessons

Hair Loss

Menopause Relief

Online Stock Brokers

Watches

 

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.

You Can Buy 'Red Dead Online' Gold Bars With Real Money Now, But I Don't Know Why You'd Bother

We all knew it was only a matter of time before Rockstar Games gave Red Dead Online players the option to purchase Gold Bars with real money. That time has arrived. Gold Bars are for sale on Xbox One ...

Published:  Sat, 15 Dec 2018 11:29:00 GMT



Gamers Can Now Buy Red Dead Gold With Real Cash But At What Cost

Eureka! If you are tired of grinding to earn that Red Dead Online Cattleman Revolver or Arabian horse, you are in luck. Gamers can now purchase gold in Red Dead Online with real life currency.

Published:  Sat, 15 Dec 2018 09:16:00 GMT



Red Dead Online's real-money store is live, here's what it costs to buy gold bars

Rockstar Games released a sizable patch today for Red Dead Redemption 2. With that patch, it has also launched the cash storefront for Red Dead Online. Players can now purchase premium currency, calle...

Published:  Fri, 14 Dec 2018 13:04:00 GMT



Gold weakens as haven buying lifts U.S. dollar

A round of weaker-than-expected Chinese economic data was spooking global investors Friday, but failed to provide a lift for gold thanks to a stronger U.S. dollar. Gold for February delivery on Comex ...

Published:  Fri, 14 Dec 2018 04:12:00 GMT



Players Can Now Buy Gold in Red Dead Online with Real Money

Along with Rockstar's most recent update for Red Dead Online, they have now released microtransactions in the game, which come in the form of gold bars. There are six different bundles of gold bars av...

Published:  Fri, 14 Dec 2018 15:40:00 GMT



3 Gold Stocks to Buy As They Continue to Shine Bright

Traders tiring of the volatility laced beatdown in equities are finding a smoother ride in gold and the ecosphere of trades that accompany it. Take gold stocks for instance. When the S&P 500 ...

Published:  Mon, 10 Dec 2018 14:30:00 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