Trading and investing in gold is the most profitable because of the rise in gold prices. Forex and stock traders prefer trading in “tangible” currencies, while some others believe that gold trading is safer than currency trading. Over the last ten years, the price of gold has increased by around 400%. No investment tool is capable of delivering such high returns, according to our knowledge. Banks claim their savings plans are more secure than ever. It begs the question: Are banks able to give us a 400% return in ten years? The short answer to this question is “NO”.
Our cash will be invested in bonds or bond funds for a period of 10 years. We are taking a 10-year chance of losing our money due to unpredicted economic downturns. What happens if the bank fails? What about inflation? Inflation can change the value of money between 10 and 10 years ago. An investment fund might provide some benefits, but the spending power of the same amount of invested money may not be the same. Although fund investment doesn’t provide a significant increase in value, it does give you a small increase in the number. Fund investment is quite different from gold investments.
Many people see trading or gold investment as an investment game. This will ensure your money’s value lasts a long time. The gold game does not take into account inflation, recessions, or financial crises. No matter what economic downturn or turmoil, the price of gold will not rise. Because of the high demand for gold, prices will rise in times when the economy is struggling. Gold’s price stability and sustainability mean that banks and governments will hold it in reserve in times of economic downturn. Due to economic decline, there is strong demand which eventually drives up gold prices.
The concerned parties do not want to maintain USD, GBP, or EUR reserves. This is because foreign currencies and Forex investments are more volatile than gold investments. To understand the charts and make an investment, you don’t need any technical knowledge. It’s as simple as buying tangible gold at low prices and selling it at high prices. Foreign currency investment is more complicated. Understanding the basics of currency quotes such as EUR/JPY or EUR/USD is essential. You cannot trade currency stocks, but you can trade figures. Trading figures are riskier than trading tangible gold.
A “tangible” investment in gold is safe and can generate high returns. Don’t wait! Let’s start trading gold today.