Gold:

Gold bullion is considered old-fashioned when compared with bitcoin or other cryptocurrencies, but it is still the ideal investment to store and protect your wealth.

Yes, gold bars aren’t easy to carry around with you, and you can’t walk into a shop and buy your groceries with some gold.  But it is an investment resource and a bit of a collectible, and when it comes to your money, old-fashioned is no bad thing.

Gold is seen as a safe haven for your wealth, and rightly so.  Gold is a physical asset that you can hold and access that has a true value.  The value of gold also tends to increase in line with inflation, which is currently between 2.5% and 3%.

At the moment, with the Bank of England’s interest rates and the US Federal Reserve both being limited, we currently have a negative real interest rate.

What does this mean?  It means that inflation rates are growing faster than interest rates and so our fiat currency, whether pound, euro, or dollar is devaluing as the cost of living is increasing.

So leaving your money in the bank is actually costing you money.

Buying gold bullion is the ideal solution to this.  As we’ve said, it matches inflation, is a trusted commodity, it retains its value, and there will always be buyers.

Gold is unarguably less exciting than stocks or cryptocurrencies, and far less headline-grabbing.   And when those markets push higher and higher they can generate fortunes for the savvy investors (or the lucky amateur).  But, when the market comes crashing back down again, as it always does, it’s silver and gold that investors turn back to.

 

Disclaimer: This is not financial advice.