3 Reasons You Should Invest in Gold Bullion
Certain financial advisors may tell you that investing in gold bullions isn’t a sound financial decision. After all, it doesn’t pay any interest and the value fluctuations aren’t as severe as, let’s say, the stock market. This limits the amount of profit there is to be made.
Granted, purchasing gold bullions isn’t as exciting as other investment opportunities. But that doesn’t mean gold doesn’t offer unique benefits such as risk aversion and portfolio diversification.
In this blog, we’ll offer 3 reasons why you should invest in gold bullions!
Gold is Stable
Gold is no longer the global currency, but its role and value as money are far superior to any other currency. The precious, yellow metal has retained its value since 3000 years and represents one of the best long-term investments, even to this day.
Since the beginning of the 1900s, gold has been the only currency to successfully retain its value. Even when people around the world are rapidly moving towards digital currencies and paper money is gradually losing its value—gold still stands its grounds.
Gold Bullions are Tangible
Physical gold is tangible; you can grasp a bullion in your hand. It can’t be destroyed by water, fire, natural disasters, or even time. Unlike emerging digital currencies, gold can’t be hacked, stolen from a digital wallet, or erased. It has an inherent value which has attracted wealthy people through every era.
If you possess a gold American Eagle or a Canadian Maple Leaf, it will still retain its value in times of economic crisis. In fact, it’ll be more valuable since gold has a limited supply and proves to be a strong hedge against a market crisis, as stated by Global Banking and Finance Review.
Gold Bullions are portable and liquid
Another benefit of gold bullions is that they’re portable and can be sold virtually anywhere in the world. Unlike gold bars, bullions are highly liquid and you’ll have no trouble selling them to dealers across different continents. You can sell it at a pawn shop, an online dealer, a private party, or even your local coin shop.
The same cannot be said for stocks. You need to time the sale and once sold, the funds take a while to be deposited to your account.
Some people misunderstand the role of gold in investment portfolios. Its job isn’t to produce income but is to act as a store of value. This also makes both gold and silver bullions ideal for long-term investment in IRAs.
At Orion Metal Exchange, we enable you to purchase gold and silver bullions with ease. As one of the top investment companies in the country, we also offer secured and insured vaults for clients to store their precious metals. Contact us today for more information.