Economic uncertainty can be scary to even the most prudent investors. In the face of an economic recession, securing your financial future may seem difficult. Many investors are afraid of investing at all, fearing that there simply are not any strong investment opportunities available, but investing in gold and other precious metals is one of the safest investments to make in the face of an economic recession.
Gold and Precious Metals Have Intrinsic Value
Investing in currency can be risky at times. The value of a currency can depreciate due to a number of influences. The stability of a given nation’s economy can drastically affect the value of its currency. Hyperinflation can severely reduce the value of currency-based investments, but gold and silver have an intrinsic value. Precious metals hold their value despite economic conditions. Of course the price of gold and silver slightly fluctuates with the market as well, but generally does not depreciate as much as riskier paper investments. This makes precious metal investment an excellent hedge against volatile fluctuations in currency and inflation.
Gold Has Been on a Positive Uptrend for Over 12 Years
With issues ranging from high inflation, unemployment, and the euro zone crisis, to geopolitical conflict and a lack of bi-partisanship that threatens to send the economy headfirst back into recession, things have been anything but easy for paper assets and the economy. It is no surprise as to why gold prices have been on a positive uptrend for over 12 years, while the dollar and other paper investments have struggled. Consider this; each dollar today is only worth $0.17 to each dollar in 1972, if you had saved $50K in 1972, you would only have $8500 today. If that money had been in gold, you would have about $1,913,114.75, a 3726.23% gain in price!
Protecting your financial future means having a diverse portfolio with save investments at its core. Investing in gold and silver can help provide you with financial security and Capital Gold Group can help you invest. Capital Gold Group has over ten years of experience helping clients in Los Angeles invest in gold and silver. Call Capital Gold at (800) 510-9594 to take the first step in securing yourself financially.
Disclaimer: The representatives at Capital Gold Group are not financial advisors and the information provided in this blog should not be considered financial advice. The past performance of gold investments is not indicative of potential future gains.