Why buy physical gold?

We believe that buying and owning physical gold is the best investment you can make.  Let us convince you why:

Physical gold is an asset that you will own that will always have value.  No matter what turbulence the global economy goes through, gold will always have value.

This makes it a safer place to put your money than stocks and bonds for example.  Stocks and bonds are, at end of the day, associated with companies that can go through ups and downs and even go bankrupt, meaning you lose your money entirely.

Physical gold being an asset that you own protects against this and cannot disappear if a company goes bust.

Gold is often overlooked in lieu of cheaper paper investments like ETFs (or exchange traded funds) too, but this still leaves you open to the fickle stock market and your investment can quickly turn into debt overnight if things take a downward turn in the markets.

The high cost of gold shouldn’t be a deterrent.

You can invest in physical gold in small monetary increments which allows you to build your wealth and leaves you confident that your investment can never fall into debt.

Physical gold also has advantages over electronic gold or paper gold too, and should always be your first choice of investment in our opinion.  Why is that?

Our economy was still recovering from the Great Recession from the last decade with instability in the banking sector, low-interest rates, and volatile currency markets when the Covid pandemic hit.

This has put a massive strain on the global economy, which is now built on unprecedented amounts of printed money and rising national debt.

Physical gold stability in this turbulence and added insurance for your wealth against the inevitable future financial crisis from an underperforming economy.  Why?

Because, as we’ve said, physical gold is a timeless assest that will always have value and doesn’t degrade or disappear over time.  This kind of investment and insurance for your wealth is more important now than ever.

In 2008, former Chancellor Alistair Darling gave a sobering statement that said people in the UK were only 2 hours away from not being able to withdraw any of their money from the bank during the crash.  If it wasn’t for a £50billion pound bailout from the government, the banking system would have crumbled completely.

Despite these earlier lessons, 2020 once again showed us how fickle our system is when a crisis hits, with trillions having to be pumped into the global economy and national debt rising to new peacetime highs in order to combat the effects of the pandemic and stave off a massive crash.

In these uncertain times, a more stable investment like physical gold feels like a welcomed safeguard in our opinion.

 

Disclaimer: This is not financial advice.