Investing in Gold anytime soon?

INVESTING IN GOLD-WHY DO WE DO IT?

Investing in gold? Many investors choose investing as opposed to investing in stocks because gold is the safest choice.  If you choose to invest in things like the stock market, you are playing the lottery. Yes, you could make a lot of money.  However, one could also lose a lot of money as quickly as they make it.  Stocks and the stock market go up and down. However, investing in gold is protection against economic, political or social crisis. There must be enough gold in the bank to cash out the economy, and so that’s why the price of gold always continues to rise at a steady pace. Investing in gold is your only safe bet in unsteady times. Stock market crashes could wipe out everyone’s bank account, but if you have gold, you are safe in your investment, and can cash in at a higher price than what you paid, almost guaranteed. Gold used to be the global currency.

INVESTING IN GOLD-HISTORICALLY

Once upon a time, investing in gold was only one currency around the world. Things were paid for by the weight of gold, so it did not matter what form of gold you had.  Gold prices stayed steady, and items were paid for by assigning them a price in the weight of gold. Buying a cow for your farm could cost a gold bar, or gold coins equal to the weight of a gold bar. The great thing about the historic times was no matter where you travelled, even if you were stumbling upon a new land, was that gold was universally accepted as payment. There was no economic crash, and no losing money in currency exchanges. Gold was gold, and that was your currency. One was investing in gold because it was the only currency. Now, one is investing in gold because it is the only form of currency that is stable in a world of many different and many unstable currencies.

INVESTING IN GOLD-FOR FUN

You don’t have to be serious and really economically conscious to be a person investing in gold. You can be doing it for fun, as your first investment trial. You see, investing is an art form, learned as time goes on and one gets more experience. However, investing in gold is very safe, as prices continue to rise. So, one can learn how to watch the market take dips and strength, watch the prices and what others are doing, by investing in gold, because it’s a safe investment that will only make them more money than what they started with.

 

INVESTING IN GOLD- HISTORICALLY AND MODERN

In conclusion, investing in gold is a long-practiced and safe investment.  Historical societies used as it as a major currency, and modern societies use it as a safeguard against their own currencies. Various economies crash, but the price of gold stays high and on the rise. Gold is a very safe investment, as prices can only rise. Gold is a good way to learn how to play the stock market, because investing in gold is a very safe move. Whatever your reason for investing in gold, you should know it’s a very smart choice and will only make you money in the coming years.