Sunday, October 14, 2012

Economy, Gold And The World

By Jack Wogan


There are numerous financial experts that have warned us about the bad shape of the economy lately. There are a growing number of forecasts that underline the possibility that the global economic crisis that has started back in 2007 will not end until 2017. Such warnings are not short of alarming, This is precisely why there are many private investors looking to buy 1kg gold bars, gold bullion coins, gold ETFs, gold mining share or any other sort of product in order to avoid potential financial hardship.

It should be clear by now that the potential economic situation is highly likely to get worse unless there is a global socio-economic policy change. However, such a theory appears to be farfetched at the moment. This is precisely why there are so many private investors interested in buying 1kg gold bars, gold bullion coins, gold ETFs or gold mining shares as much as they possibly can. Today, investing in this precious metal can actually be done without many problems from online dealers. This is actually something that one can do from the comfort of their own home, without any fears.

On the other hand, what one should fear are the massive debts and that fact that the high inflation rates are going through the roof. Due to these high rates of inflation the paper currencies have lost a good part of their purchasing power, unlike good that seems to be doing great. It is true that the precious metal market has become more volatile, however this is just because of the precious metal is going through a correction period. Even so, the yellow metal has more purchasing power than the dollar and the euro.

Today, with one gram of gold you can buy the same goods that you could 100 years ago. Needles to say that this does not apply to paper currencies. There have been many emerging markets that are looking to invest in gold such as Russia, China, Brazil, Thailand, Bangladesh, Venezuela etc. Central Banks around the world are looking to diversify their reserves with gold as this appears to be the only reasonable option that we have at this moment.

Making investments is the best choice that anyone has when they are interested in diversifying their portfolio. Irrespective if you are interested inn 1kg gold bars, gold bullion coins, gold ETFs or gold mining shares you can be sure that you are making the right decision.




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