Gold Fact 3: Gold is the oldest financial asset
Amongst all investments such as stocks, bonds or currency only gold has lasted this long. Gold has lasted for millennia. Therefore if you are looking for an asset to tuck away for the rest of your life and an investment that can weather virtually any crisis gold is the only asset that meets that criterion. Look at currencies especially paper currencies they don’t last forever not even a single one has. For example, almost half of the world’s currencies went to zero or immediately after the world II.
Note before you invest
Gold is money is because it’s lasted for millennia. It will continue to do so, giving us a measure of safety no other asset can. All major currencies in use today have unhealthy balance sheets. Gold will protect your portfolio from the fallout from this and other monetary issues. It gives you ultimate control of your wealth. Therefore you should consider buying gold from now on.
Gold Fact 4: Gold market is smaller than the stock and bond markets
The gold market is tiny compared to the stock and bond markets. The price will be driven higher when the next crisis hits and investors around the world pour into this small market. This is the same reason why most countries with critical economic conditions invest in gold without care of how much the buying price is.
Gold Fact 5: Gold is near a cyclical bottom
Gold prices move in cycles, like all other assets. They boom, bust and repeat. For instance, according to historical patterns, all that is happening about gold is what happened in the past. Therefore all investors have to note that historical patterns show that buying gold now is a low-risk proposition. Which indicates that the next move in the gold prices is to be up? So investing in it now would be a great idea.
Gold Fact 6: investment demand for gold is restless
Once gold prices fall its demand physically surges. It’s happened since the year 2008 financial crisis. Unable to meet this demand, government mints had to suspend sales three times since 2013. It’s clear many investors think they need to own gold right now. The demand for physical gold is nowhere more evident than in China. The Shanghai Gold Exchange trades mostly in physical metal, not in futures contracts such as paper gold like is done on US exchanges. Gold investors ought to note that the demand for physical gold shows no sign of letting up, despite the low price. Obviously many investors view gold ownership as vital at this time.