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Is Gold A Good Investment For You
Many people today who are looking for something to invest in always ask whether is gold a good investment or not. This is an age-old question which continues to arise; especially in times when the economy is as unstable as it has been in recent years. Yet time and time again, the answer to this question is always the same.
Gold can be a very profitable investment if it is done properly. Investing in the precious metals market is not the same as it once was.
There are many more investors these days which have led to the larger fluctuations in the market value of precious metals. At the same time, holding on to gold as a means of stabilizing one’s portfolio is no longer suggested by many experts.
While every one knows that there are limited supplies of gold, silver and other precious metals on this planet, and that it is this limited quantities that makes them so valuable, what most investors fail to realize is the going inflation rate.
In the old days there was nothing wrong with buying and holding onto gold because its value increased faster than the rate of inflation. Today however, while gold’s value steadily increases at a rate of about 2%, the inflation rate increases at a rate of 3%.
Read More: http://www.stockgoldmarket.com/is-gold-a-good-investment-for-you
Ya well the dirty little secret is when inflation takes hold fiat dollars become worthless while gold at the very least maintains it’s value. This is why gold has historically been used as a store of wealth to hedge against the raveges of inflation in your portfolio.
Anyone who buys gold and silver to make a “killing” on the market is likely to be disappointed. Oh and by the way; NOW is the time to buy gold and silver, and you might just realize that killing on the market.