With the forecast for the economy uneven and a recession looming national economic should be taking a close look at all of their investments.
While it may not be something they think of right away, or even something they're currently invested in.
Gold can actually be a good alternative, particularly for those looking for some consistency and stability.
If you're wondering if now's the right time to buy gold then do your research. You can start with a free wealth protection kit.
ARGUMENTS:
The benefits of investing in gold, one of the oldest known to man, are significant and multiple.
Amid the current economic environment, however, here are two timely reasons to act now.
Firstly, gold acts as a hedge against inflation.
With inflation at highs not seen in decades, most investors could use all the help they could get. Accordingly, gold could potentially soften the blow of inflation by acting as a hedge.
Over time, the value of gold tends to rise as the purchasing power of fiat currencies falls, reported from The Sovereign Investor, an investment education website.
This is because, unlike paper money or other types of investments, gold is a physical asset that can be stored and traded.
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Source | : | CBS News,Bobo |
Penulis | : | Niken Bestari |
Editor | : | Iveta Rahmalia |
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