3 Reasons You Should Consider Gold Bullion Investment for a Retirement Fund
Investing in gold may not pay you any dividends, or lucrative interests, and quite realistically, its value could also remain stagnant for years.
None of these characteristics makeup for a good investment. Still, many retirees are filling up their investment plans with gold bullion coins, bars, and gold IRA accounts for an independent, secure, and happy retired life.
Let’s have a closer at some reasons why so many retirees are considering gold bullion as a top investment option and why you must do the same.
Bullion Market is Straightforward with Minimal Risk
You can invest in gold in many ways, including gold mining stocks, ETFs, shares, and IRA accounts, but bullion is the most accessible mode of gold investment.
All you must do is find a reliable precious metals investment dealer to purchase gold bullion coins or bars with your retirement fund.
Or you can leave it to your accountant to find you a superannuation fund that you can manage. The year 2020 is also a great time for other investors to add gold bullion to their portfolios, as investment experts have fore-casted a surge in the gold market this year.
A Finite Resource
Gold mining companies worldwide are hunting for gold to increase their production. Analysts believe that this has led to a state of depletion, as all the major gold mines and deposits have already been discovered.
The biggest producer of gold in South Africa, the Witwatersrand Basin, is now producing only 170 tons of gold per annum—a decline of almost half of what it used to produce decades ago.
The production is increasing at a stalled rate of 1.6 percent, with almost 3000 tons of gold discovered last year.
Experts have predicted that the gold mining sector will crash down to the point of economic turbulence by the year 2050.
As bad as it sounds, it’s good news for retirees who intend to invest in gold. An increase in demand paired with limited supply will lead to skyrocketing gold prices in the long run, which makes “right now” an ideal time for gold investment.
For a successful and self-sufficient retirement, choose wisely as to where you want to invest your retirement fund. Purchasing gold bullions will make your investment portfolio stronger and ensure financial security when you’re no longer working.
Secure Your Retirement With Gold and Silver
Orion Metal Exchange is one of the best gold investment companies with over fifty years of experience in the precious metals industry. Our trustworthy services include precious metal investment for IRA accounts, secure vault storage, and safe home storage. To buy gold bullion bars and coins online, get in touch with our expert advisors at 1-800-559-0088.