Gold bullion is one of the most lucrative and solid investments one can make. Gold is a sought after precious metal commodity that has solid value and is generally traded at premium prices. If the ups and downs (mostly downs) of the stock market is seeing your assets devalue, then gold is your best option to protect your assets. There are many options when it comes to investing in gold. If you are still debating whether gold bullion investment is the way to go, here are the top reasons why it is.
Gold bullion is considered the purest asset of all the assets an investor can have. It adds not just diversity to your portfolio but also value and can yield great returns.
Most investors buy into gold as a hedge against inflation. Gold continues to rise in price while national currency tends to devalue. So it makes sense to have some form of physical gold rather than just money saved in a bank account.
Gold bullion bars, gold coins and gold nuggets are a tangible asset that is very attractive to the eye and touch. They make great ornaments, trophies, and gifts. So if you decide to sit on your investment, they can serve other purposes in the meantime.
Gold is a solid investment without the risk associated with stocks and shares and other managed investments. Thus it makes sense to have gold in your portfolio as something to fall back on when or if other investments go awry.
Finally, in a scenario where markets fall dramatically and the dollar loses its value completely, gold can be used physically as a trading commodity to purchase basic supplies, food, etc. Although we never want that to happen, it is good to be prepared.