This independent fiscal control body, which began operating in 2014, has the mission of ensuring the sustainability of public finances as a way to ensure economic growth and the well-being of society in the medium and long term.
The Government entrusted AIReF with a study of all the tax rebates and, specifically, of the operation of the incentives corresponding to the pension plans , with a view to a possible modification of them.
This has caused alarm among savers who use this formula as a way to supplement pensions for their retirement . From the insurance employer, Unespa , its president, Pilar González de Frutos , has called for “authentic tax incentives” to promote private pension plans and build a second pillar for the pension system: employment pension plans.
And it is that the concern of the sector is manifest before what could be the end of one of the main attractions of these plans.
Actually, the tax advantages consist of a deferral of the payment of taxes at the time the plan is redeemed, with double taxation for the reimbursement and for the consolidated rights (which are the sum of the capital contributed and the profitability obtained). The contributions made to the pension plan throughout the year reduce the income to be declared in the personal income tax . Naturally, there are limits to these deductions: you can contribute a maximum of 8,000 euros per year, or the equivalent of 30% of the tax base, plus another 2,500 euros for the spouse’s contributions, if the latter does not obtain income.
Taxation Of The Rescue
If it is redeemed at once, the savings are taxed as work income, with which the tax bill can go up to 45% of the total redeemed .
To avoid this tax impact, there are other formulas, such as recovering savings in the form of monthly, quarterly, semi-annual or annual income . In this case, withholding is much lower, since the tax base is reduced.
There is a third option, which combines the redemption in the form of capital and income.
Complement The Pension With Physical Gold
Given the uncertainty surrounding the future of the taxation of private pension plans, as well as their profitability (which last year had negative figures), there are other formulas to complement public pensions , which are less burdensome in fiscal terms.
One of them in the investment in physical gold . As we have already explained in this blog, physical gold has multiple advantages for investors: it is a safe asset, especially appreciated in times of instability ; it has immediate liquidity , at any time and place; It’s a great way to diversify your investments and protect yourself against inflation or loss of purchasing power .
An important advantage for investors, since it reduces the bill by 21% when investing, with the consequent benefit when you want to sell the gold.
The only taxation to which investment gold is exposed occurs at the time it is sold and a profit is obtained, which is subject to capital gains or capital gains tax , which can range between 19 and 23%.
…
The post The Advantages Of Investing In Gold Compared To Private Pension Plans appeared first on Best Gold Price.
[content] => Array ( [encoded] =>This independent fiscal control body, which began operating in 2014, has the mission of ensuring the sustainability of public finances as a way to ensure economic growth and the well-being of society in the medium and long term.
The Government entrusted AIReF with a study of all the tax rebates and, specifically, of the operation of the incentives corresponding to the pension plans , with a view to a possible modification of them.
This has caused alarm among savers who use this formula as a way to supplement pensions for their retirement . From the insurance employer, Unespa , its president, Pilar González de Frutos , has called for “authentic tax incentives” to promote private pension plans and build a second pillar for the pension system: employment pension plans.
And it is that the concern of the sector is manifest before what could be the end of one of the main attractions of these plans.
Actually, the tax advantages consist of a deferral of the payment of taxes at the time the plan is redeemed, with double taxation for the reimbursement and for the consolidated rights (which are the sum of the capital contributed and the profitability obtained). The contributions made to the pension plan throughout the year reduce the income to be declared in the personal income tax . Naturally, there are limits to these deductions: you can contribute a maximum of 8,000 euros per year, or the equivalent of 30% of the tax base, plus another 2,500 euros for the spouse’s contributions, if the latter does not obtain income.
Taxation Of The Rescue
If it is redeemed at once, the savings are taxed as work income, with which the tax bill can go up to 45% of the total redeemed .
To avoid this tax impact, there are other formulas, such as recovering savings in the form of monthly, quarterly, semi-annual or annual income . In this case, withholding is much lower, since the tax base is reduced.
There is a third option, which combines the redemption in the form of capital and income.
Complement The Pension With Physical Gold
Given the uncertainty surrounding the future of the taxation of private pension plans, as well as their profitability (which last year had negative figures), there are other formulas to complement public pensions , which are less burdensome in fiscal terms.
One of them in the investment in physical gold . As we have already explained in this blog, physical gold has multiple advantages for investors: it is a safe asset, especially appreciated in times of instability ; it has immediate liquidity , at any time and place; It’s a great way to diversify your investments and protect yourself against inflation or loss of purchasing power .
An important advantage for investors, since it reduces the bill by 21% when investing, with the consequent benefit when you want to sell the gold.
The only taxation to which investment gold is exposed occurs at the time it is sold and a profit is obtained, which is subject to capital gains or capital gains tax , which can range between 19 and 23%.
The post The Advantages Of Investing In Gold Compared To Private Pension Plans appeared first on Best Gold Price.
) [summary] =>This independent fiscal control body, which began operating in 2014, has the mission of ensuring the sustainability of public finances as a way to ensure economic growth and the well-being of society in the medium and long term.
The Government entrusted AIReF with a study of all the tax rebates and, specifically, of the operation of the incentives corresponding to the pension plans , with a view to a possible modification of them.
This has caused alarm among savers who use this formula as a way to supplement pensions for their retirement . From the insurance employer, Unespa , its president, Pilar González de Frutos , has called for “authentic tax incentives” to promote private pension plans and build a second pillar for the pension system: employment pension plans.
And it is that the concern of the sector is manifest before what could be the end of one of the main attractions of these plans.
Actually, the tax advantages consist of a deferral of the payment of taxes at the time the plan is redeemed, with double taxation for the reimbursement and for the consolidated rights (which are the sum of the capital contributed and the profitability obtained). The contributions made to the pension plan throughout the year reduce the income to be declared in the personal income tax . Naturally, there are limits to these deductions: you can contribute a maximum of 8,000 euros per year, or the equivalent of 30% of the tax base, plus another 2,500 euros for the spouse’s contributions, if the latter does not obtain income.
Taxation Of The Rescue
If it is redeemed at once, the savings are taxed as work income, with which the tax bill can go up to 45% of the total redeemed .
To avoid this tax impact, there are other formulas, such as recovering savings in the form of monthly, quarterly, semi-annual or annual income . In this case, withholding is much lower, since the tax base is reduced.
There is a third option, which combines the redemption in the form of capital and income.
Complement The Pension With Physical Gold
Given the uncertainty surrounding the future of the taxation of private pension plans, as well as their profitability (which last year had negative figures), there are other formulas to complement public pensions , which are less burdensome in fiscal terms.
One of them in the investment in physical gold . As we have already explained in this blog, physical gold has multiple advantages for investors: it is a safe asset, especially appreciated in times of instability ; it has immediate liquidity , at any time and place; It’s a great way to diversify your investments and protect yourself against inflation or loss of purchasing power .
An important advantage for investors, since it reduces the bill by 21% when investing, with the consequent benefit when you want to sell the gold.
The only taxation to which investment gold is exposed occurs at the time it is sold and a profit is obtained, which is subject to capital gains or capital gains tax , which can range between 19 and 23%.
…
The post The Advantages Of Investing In Gold Compared To Private Pension Plans appeared first on Best Gold Price.
[atom_content] =>This independent fiscal control body, which began operating in 2014, has the mission of ensuring the sustainability of public finances as a way to ensure economic growth and the well-being of society in the medium and long term.
The Government entrusted AIReF with a study of all the tax rebates and, specifically, of the operation of the incentives corresponding to the pension plans , with a view to a possible modification of them.
This has caused alarm among savers who use this formula as a way to supplement pensions for their retirement . From the insurance employer, Unespa , its president, Pilar González de Frutos , has called for “authentic tax incentives” to promote private pension plans and build a second pillar for the pension system: employment pension plans.
And it is that the concern of the sector is manifest before what could be the end of one of the main attractions of these plans.
Actually, the tax advantages consist of a deferral of the payment of taxes at the time the plan is redeemed, with double taxation for the reimbursement and for the consolidated rights (which are the sum of the capital contributed and the profitability obtained). The contributions made to the pension plan throughout the year reduce the income to be declared in the personal income tax . Naturally, there are limits to these deductions: you can contribute a maximum of 8,000 euros per year, or the equivalent of 30% of the tax base, plus another 2,500 euros for the spouse’s contributions, if the latter does not obtain income.
Taxation Of The Rescue
If it is redeemed at once, the savings are taxed as work income, with which the tax bill can go up to 45% of the total redeemed .
To avoid this tax impact, there are other formulas, such as recovering savings in the form of monthly, quarterly, semi-annual or annual income . In this case, withholding is much lower, since the tax base is reduced.
There is a third option, which combines the redemption in the form of capital and income.
Complement The Pension With Physical Gold
Given the uncertainty surrounding the future of the taxation of private pension plans, as well as their profitability (which last year had negative figures), there are other formulas to complement public pensions , which are less burdensome in fiscal terms.
One of them in the investment in physical gold . As we have already explained in this blog, physical gold has multiple advantages for investors: it is a safe asset, especially appreciated in times of instability ; it has immediate liquidity , at any time and place; It’s a great way to diversify your investments and protect yourself against inflation or loss of purchasing power .
An important advantage for investors, since it reduces the bill by 21% when investing, with the consequent benefit when you want to sell the gold.
The only taxation to which investment gold is exposed occurs at the time it is sold and a profit is obtained, which is subject to capital gains or capital gains tax , which can range between 19 and 23%.
The post The Advantages Of Investing In Gold Compared To Private Pension Plans appeared first on Best Gold Price.
) [1] => Array ( [title] => What Are The Five Largest Gold Mines? [link] => https://goldprice.best/what-are-the-five-largest-gold-mines/ [dc] => Array ( [creator] => Brenda Lamb ) [pubdate] => Wed, 30 Nov 2022 13:52:35 +0000 [category] => Gold Mines [guid] => https://goldprice.best/?p=58 [description] =>The Grasberg mine , located in Indonesia , had the honor of occupying the first position among world mines in 2018. Its production last year rose to 83.9 tons of metal.
At an enormous distance are the others. The second-highest producing mine last year was the Olimpiada mine in Russia, with 41.1 tons .
The third mine in terms of production was the main exploitation in the state of Nevada ( USA ): the Cortez mine , which produced 39.3 tons.
In fourth place was the Pueblo Viejo mine , located in the Dominican Republic , with a total of 30.1 tons .
The fifth place was occupied by the Kibali gold mine , in the Democratic Republic of the Congo, with 25.1 tons .
One of the main factors that decide whether a gold deposit is going to be exploited or whether it is going to remain in the form of reserves underground, waiting for better times, is the economic cost of extraction. As is logical, the greater the depth, the greater the cost. And if the mine is in an isolated place, far from transport infrastructure, it will also be difficult for it to be profitable to extract the gold.
For this reason, mining companies handle a magnitude called “all-inclusive costs” (AISC) , which includes all costs related to gold production, from extraction to mineral treatment and transportation.
According to UK precious metals consultancy Metals Focus , the average AISC cost of mining gold in 2018 was $909 an ounce, up 3% from the previous year.
The cheapest region to extract gold in 2018 was the Commonwealth of Independent States (which includes Russia and most of the former Soviet republics), with an average of $747 per ounce .
By contrast, the most expensive region to mine for gold last year was Europe, at $1,011 an ounce .
The annual demand figure for gold is very similar to the production figure, which means that practically all of the metal that makes up the annual supply is consumed in one way or another.
According to Metals Focus data for 2018 , gold demand was 4,364 tons . Most of it, some 2,280 tons , went to the jewelry sector , which uses gold as a raw material to manufacture its pieces.
The second sector that consumes the most gold is investment , that is, the sale of bars and coins, which took just over 1,000 tons last year. The rest is distributed between the official sector (gold reserves of the central banks), with more than 650 tons and the increasingly important industrial demand ( 335 Tm ).
China and India are the two world giants when it comes to gold consumption. Its importance in the gold industry is such that small changes in demand by both countries influence the formation of the price of the metal.
China is the world’s largest consumer of gold, as well as the largest producer, with an annual demand of between 900 and 1,000 tons , mostly for the jewelry industry and, increasingly, for investment. The country has the advantage of having a significant national production (more than 400 tons per year), which it absorbs almost entirely.
The world’s second largest consumer is India , with a figure ranging between 750 and 850 tons . The situation, in his case, is much more complicated: gold is very important to Indian citizens, both in ceremonial terms and in terms of savings and investment.
However, the country barely has its own production, so practically all the gold it consumes has to be imported, with the harmful effect that this has on the trade balance.
In fact, the Indian government has spent years trying to mobilize the gold that the citizens and temples of the country house, to reduce the bill for imported metal.…
The post What Are The Five Largest Gold Mines? appeared first on Best Gold Price.
[content] => Array ( [encoded] =>The Grasberg mine , located in Indonesia , had the honor of occupying the first position among world mines in 2018. Its production last year rose to 83.9 tons of metal.
At an enormous distance are the others. The second-highest producing mine last year was the Olimpiada mine in Russia, with 41.1 tons .
The third mine in terms of production was the main exploitation in the state of Nevada ( USA ): the Cortez mine , which produced 39.3 tons.
In fourth place was the Pueblo Viejo mine , located in the Dominican Republic , with a total of 30.1 tons .
The fifth place was occupied by the Kibali gold mine , in the Democratic Republic of the Congo, with 25.1 tons .
One of the main factors that decide whether a gold deposit is going to be exploited or whether it is going to remain in the form of reserves underground, waiting for better times, is the economic cost of extraction. As is logical, the greater the depth, the greater the cost. And if the mine is in an isolated place, far from transport infrastructure, it will also be difficult for it to be profitable to extract the gold.
For this reason, mining companies handle a magnitude called “all-inclusive costs” (AISC) , which includes all costs related to gold production, from extraction to mineral treatment and transportation.
According to UK precious metals consultancy Metals Focus , the average AISC cost of mining gold in 2018 was $909 an ounce, up 3% from the previous year.
The cheapest region to extract gold in 2018 was the Commonwealth of Independent States (which includes Russia and most of the former Soviet republics), with an average of $747 per ounce .
By contrast, the most expensive region to mine for gold last year was Europe, at $1,011 an ounce .
The annual demand figure for gold is very similar to the production figure, which means that practically all of the metal that makes up the annual supply is consumed in one way or another.
According to Metals Focus data for 2018 , gold demand was 4,364 tons . Most of it, some 2,280 tons , went to the jewelry sector , which uses gold as a raw material to manufacture its pieces.
The second sector that consumes the most gold is investment , that is, the sale of bars and coins, which took just over 1,000 tons last year. The rest is distributed between the official sector (gold reserves of the central banks), with more than 650 tons and the increasingly important industrial demand ( 335 Tm ).
China and India are the two world giants when it comes to gold consumption. Its importance in the gold industry is such that small changes in demand by both countries influence the formation of the price of the metal.
China is the world’s largest consumer of gold, as well as the largest producer, with an annual demand of between 900 and 1,000 tons , mostly for the jewelry industry and, increasingly, for investment. The country has the advantage of having a significant national production (more than 400 tons per year), which it absorbs almost entirely.
The world’s second largest consumer is India , with a figure ranging between 750 and 850 tons . The situation, in his case, is much more complicated: gold is very important to Indian citizens, both in ceremonial terms and in terms of savings and investment.
However, the country barely has its own production, so practically all the gold it consumes has to be imported, with the harmful effect that this has on the trade balance.
In fact, the Indian government has spent years trying to mobilize the gold that the citizens and temples of the country house, to reduce the bill for imported metal.…
The post What Are The Five Largest Gold Mines? appeared first on Best Gold Price.
) [summary] =>The Grasberg mine , located in Indonesia , had the honor of occupying the first position among world mines in 2018. Its production last year rose to 83.9 tons of metal.
At an enormous distance are the others. The second-highest producing mine last year was the Olimpiada mine in Russia, with 41.1 tons .
The third mine in terms of production was the main exploitation in the state of Nevada ( USA ): the Cortez mine , which produced 39.3 tons.
In fourth place was the Pueblo Viejo mine , located in the Dominican Republic , with a total of 30.1 tons .
The fifth place was occupied by the Kibali gold mine , in the Democratic Republic of the Congo, with 25.1 tons .
One of the main factors that decide whether a gold deposit is going to be exploited or whether it is going to remain in the form of reserves underground, waiting for better times, is the economic cost of extraction. As is logical, the greater the depth, the greater the cost. And if the mine is in an isolated place, far from transport infrastructure, it will also be difficult for it to be profitable to extract the gold.
For this reason, mining companies handle a magnitude called “all-inclusive costs” (AISC) , which includes all costs related to gold production, from extraction to mineral treatment and transportation.
According to UK precious metals consultancy Metals Focus , the average AISC cost of mining gold in 2018 was $909 an ounce, up 3% from the previous year.
The cheapest region to extract gold in 2018 was the Commonwealth of Independent States (which includes Russia and most of the former Soviet republics), with an average of $747 per ounce .
By contrast, the most expensive region to mine for gold last year was Europe, at $1,011 an ounce .
The annual demand figure for gold is very similar to the production figure, which means that practically all of the metal that makes up the annual supply is consumed in one way or another.
According to Metals Focus data for 2018 , gold demand was 4,364 tons . Most of it, some 2,280 tons , went to the jewelry sector , which uses gold as a raw material to manufacture its pieces.
The second sector that consumes the most gold is investment , that is, the sale of bars and coins, which took just over 1,000 tons last year. The rest is distributed between the official sector (gold reserves of the central banks), with more than 650 tons and the increasingly important industrial demand ( 335 Tm ).
China and India are the two world giants when it comes to gold consumption. Its importance in the gold industry is such that small changes in demand by both countries influence the formation of the price of the metal.
China is the world’s largest consumer of gold, as well as the largest producer, with an annual demand of between 900 and 1,000 tons , mostly for the jewelry industry and, increasingly, for investment. The country has the advantage of having a significant national production (more than 400 tons per year), which it absorbs almost entirely.
The world’s second largest consumer is India , with a figure ranging between 750 and 850 tons . The situation, in his case, is much more complicated: gold is very important to Indian citizens, both in ceremonial terms and in terms of savings and investment.
However, the country barely has its own production, so practically all the gold it consumes has to be imported, with the harmful effect that this has on the trade balance.
In fact, the Indian government has spent years trying to mobilize the gold that the citizens and temples of the country house, to reduce the bill for imported metal.…
The post What Are The Five Largest Gold Mines? appeared first on Best Gold Price.
[atom_content] =>The Grasberg mine , located in Indonesia , had the honor of occupying the first position among world mines in 2018. Its production last year rose to 83.9 tons of metal.
At an enormous distance are the others. The second-highest producing mine last year was the Olimpiada mine in Russia, with 41.1 tons .
The third mine in terms of production was the main exploitation in the state of Nevada ( USA ): the Cortez mine , which produced 39.3 tons.
In fourth place was the Pueblo Viejo mine , located in the Dominican Republic , with a total of 30.1 tons .
The fifth place was occupied by the Kibali gold mine , in the Democratic Republic of the Congo, with 25.1 tons .
One of the main factors that decide whether a gold deposit is going to be exploited or whether it is going to remain in the form of reserves underground, waiting for better times, is the economic cost of extraction. As is logical, the greater the depth, the greater the cost. And if the mine is in an isolated place, far from transport infrastructure, it will also be difficult for it to be profitable to extract the gold.
For this reason, mining companies handle a magnitude called “all-inclusive costs” (AISC) , which includes all costs related to gold production, from extraction to mineral treatment and transportation.
According to UK precious metals consultancy Metals Focus , the average AISC cost of mining gold in 2018 was $909 an ounce, up 3% from the previous year.
The cheapest region to extract gold in 2018 was the Commonwealth of Independent States (which includes Russia and most of the former Soviet republics), with an average of $747 per ounce .
By contrast, the most expensive region to mine for gold last year was Europe, at $1,011 an ounce .
The annual demand figure for gold is very similar to the production figure, which means that practically all of the metal that makes up the annual supply is consumed in one way or another.
According to Metals Focus data for 2018 , gold demand was 4,364 tons . Most of it, some 2,280 tons , went to the jewelry sector , which uses gold as a raw material to manufacture its pieces.
The second sector that consumes the most gold is investment , that is, the sale of bars and coins, which took just over 1,000 tons last year. The rest is distributed between the official sector (gold reserves of the central banks), with more than 650 tons and the increasingly important industrial demand ( 335 Tm ).
China and India are the two world giants when it comes to gold consumption. Its importance in the gold industry is such that small changes in demand by both countries influence the formation of the price of the metal.
China is the world’s largest consumer of gold, as well as the largest producer, with an annual demand of between 900 and 1,000 tons , mostly for the jewelry industry and, increasingly, for investment. The country has the advantage of having a significant national production (more than 400 tons per year), which it absorbs almost entirely.
The world’s second largest consumer is India , with a figure ranging between 750 and 850 tons . The situation, in his case, is much more complicated: gold is very important to Indian citizens, both in ceremonial terms and in terms of savings and investment.
However, the country barely has its own production, so practically all the gold it consumes has to be imported, with the harmful effect that this has on the trade balance.
In fact, the Indian government has spent years trying to mobilize the gold that the citizens and temples of the country house, to reduce the bill for imported metal.…
The post What Are The Five Largest Gold Mines? appeared first on Best Gold Price.
) [2] => Array ( [title] => What Will Be The Future Of Investment Gold? [link] => https://goldprice.best/what-will-be-the-future-of-investment-gold/ [dc] => Array ( [creator] => Brenda Lamb ) [pubdate] => Wed, 30 Nov 2022 13:51:13 +0000 [category] => Investment Gold [guid] => https://goldprice.best/?p=54 [description] =>One of the most intense debates within the gold mining sector concerns whether the maximum level of production has already been reached , what experts call ‘peak gold’ . In 2018, world production reached a new all- time high of 3,503 tonnes , marking its tenth consecutive year of growth. Will it continue to grow in the coming years?
According to S&P Global Market Intelligence , new highs will continue to be recorded during 2019 and 2020, but it is most likely that global production will begin to fall from 2021.
This would mean that the sector would link 12 consecutive years of production growth, undoubtedly a remarkable milestone for any industry. Specifically, the estimated production for the year 2020 is 3,475 tons .
According to the consultant, the current portfolio of projects is insufficient to maintain the rate of production in the long term and a greater effort would be necessary in the area of exploration , especially in larger deposits, framed within the category known as ‘Tier 1’.
From the World Gold Council , for their part, they agree on the absence of new “world-class” discoveries, which are those that have reserves of over five million ounces (155 Tm) and are capable of producing more than 250,000 ounces (7.75 Tm) of gold per year.
Recycling
Another component of the gold supply, along with mining production, is recycling. It must be remembered that gold is a metal that cannot be consumed nor can it be destroyed , but rather changes its shape from the time it is extracted from the earth’s crust: Humanity has made utensils, jewelry, coins, ingots, which are then returned to melt, recovering the used metal and giving it a new life.
Our society is increasingly concerned about recycling, an issue that is added to the fact that most of the technological devices that surround us, and that each time have a shorter useful life due to their rapid obsolescence, have significant amounts of precious metals among its components.
Therefore, it is not surprising that the volume of gold from recycling is increasing : in 2018, more than 1,168 tons were obtained , an amount that is expected to grow by 1% next year, up to 1,182 tons .
As the production of gold from mining is reduced, recycling will become increasingly important, since the level of demand will continue to increase and it will be necessary to satisfy it, increasing the supply.
Otherwise, there would be a supply deficit situation (insufficient supply to meet demand), which is what has been happening in recent years in the palladium market and one of the factors why the price of this metal has risen. grownto far exceed the price of gold.
Demand
Now let’s talk about demand: the four main sectors that share the global demand for gold are jewellery, industry, investment and central banks . According to the Gold Focus 2019 report by the British consultancy Metals Focus , by the end of this year 2019, the 4,370 tons of gold that are going to be consumed will be distributed as follows: jewelry ( 2,351 Tm ), industry ( 337 Tm ), investment ( 1,082 Tm ) and official sector ( 600 Tm ). A conservative estimate, especially in the case of the official sector, as we will see in the next point.
Total demand, 4,370 tons, is about the same as last year and a far cry from the peak of 5,504 tons consumed in 2013.
Focusing on investment, the section that interests us the most, from the Department of Industry, Innovation and Science of Australia they assure that in the coming years there will be an increase in the demand for investment gold by retail clients, for very diverse (uncertainty regarding the political and economic future, fear of a possible crisis, distrust of other investment assets…) that could boost gold consumption to 1,392 tons in 2020 , a figure that had not been exceeded since 2013.
The total demand, adding the four mentioned sectors, will grow by 3.7% in 2020, reaching 4,728 tons , to fall by 4.9% in 2021 .
One of the main components of the demand and, at the same time, a determining factor for investors is the interest of the official sector, the central banks, for gold.
Last year 2018, the net purchases of gold by the official sector reached levels that had not been seen for almost half a century: close to 650 tons . For 2019, this trend is expected to continue, exceeding this historic figure: according to a Goldman Sachs report , the official sector will reach 750 tons of gold this year.
The central banks themselves recognize their interest in gold as part of the strategic reserves. A survey carried out among them by the World Gold Council yields some very significant results : 52% of the banks surveyed believe that the gold reserves of the official sector will grow over the next year and none of them believe that they will decrease.…
The post What Will Be The Future Of Investment Gold? appeared first on Best Gold Price.
[content] => Array ( [encoded] =>One of the most intense debates within the gold mining sector concerns whether the maximum level of production has already been reached , what experts call ‘peak gold’ . In 2018, world production reached a new all- time high of 3,503 tonnes , marking its tenth consecutive year of growth. Will it continue to grow in the coming years?
According to S&P Global Market Intelligence , new highs will continue to be recorded during 2019 and 2020, but it is most likely that global production will begin to fall from 2021.
This would mean that the sector would link 12 consecutive years of production growth, undoubtedly a remarkable milestone for any industry. Specifically, the estimated production for the year 2020 is 3,475 tons .
According to the consultant, the current portfolio of projects is insufficient to maintain the rate of production in the long term and a greater effort would be necessary in the area of exploration , especially in larger deposits, framed within the category known as ‘Tier 1’.
From the World Gold Council , for their part, they agree on the absence of new “world-class” discoveries, which are those that have reserves of over five million ounces (155 Tm) and are capable of producing more than 250,000 ounces (7.75 Tm) of gold per year.
Recycling
Another component of the gold supply, along with mining production, is recycling. It must be remembered that gold is a metal that cannot be consumed nor can it be destroyed , but rather changes its shape from the time it is extracted from the earth’s crust: Humanity has made utensils, jewelry, coins, ingots, which are then returned to melt, recovering the used metal and giving it a new life.
Our society is increasingly concerned about recycling, an issue that is added to the fact that most of the technological devices that surround us, and that each time have a shorter useful life due to their rapid obsolescence, have significant amounts of precious metals among its components.
Therefore, it is not surprising that the volume of gold from recycling is increasing : in 2018, more than 1,168 tons were obtained , an amount that is expected to grow by 1% next year, up to 1,182 tons .
As the production of gold from mining is reduced, recycling will become increasingly important, since the level of demand will continue to increase and it will be necessary to satisfy it, increasing the supply.
Otherwise, there would be a supply deficit situation (insufficient supply to meet demand), which is what has been happening in recent years in the palladium market and one of the factors why the price of this metal has risen. grownto far exceed the price of gold.
Demand
Now let’s talk about demand: the four main sectors that share the global demand for gold are jewellery, industry, investment and central banks . According to the Gold Focus 2019 report by the British consultancy Metals Focus , by the end of this year 2019, the 4,370 tons of gold that are going to be consumed will be distributed as follows: jewelry ( 2,351 Tm ), industry ( 337 Tm ), investment ( 1,082 Tm ) and official sector ( 600 Tm ). A conservative estimate, especially in the case of the official sector, as we will see in the next point.
Total demand, 4,370 tons, is about the same as last year and a far cry from the peak of 5,504 tons consumed in 2013.
Focusing on investment, the section that interests us the most, from the Department of Industry, Innovation and Science of Australia they assure that in the coming years there will be an increase in the demand for investment gold by retail clients, for very diverse (uncertainty regarding the political and economic future, fear of a possible crisis, distrust of other investment assets…) that could boost gold consumption to 1,392 tons in 2020 , a figure that had not been exceeded since 2013.
The total demand, adding the four mentioned sectors, will grow by 3.7% in 2020, reaching 4,728 tons , to fall by 4.9% in 2021 .
One of the main components of the demand and, at the same time, a determining factor for investors is the interest of the official sector, the central banks, for gold.
Last year 2018, the net purchases of gold by the official sector reached levels that had not been seen for almost half a century: close to 650 tons . For 2019, this trend is expected to continue, exceeding this historic figure: according to a Goldman Sachs report , the official sector will reach 750 tons of gold this year.
The central banks themselves recognize their interest in gold as part of the strategic reserves. A survey carried out among them by the World Gold Council yields some very significant results : 52% of the banks surveyed believe that the gold reserves of the official sector will grow over the next year and none of them believe that they will decrease.…
The post What Will Be The Future Of Investment Gold? appeared first on Best Gold Price.
) [summary] =>One of the most intense debates within the gold mining sector concerns whether the maximum level of production has already been reached , what experts call ‘peak gold’ . In 2018, world production reached a new all- time high of 3,503 tonnes , marking its tenth consecutive year of growth. Will it continue to grow in the coming years?
According to S&P Global Market Intelligence , new highs will continue to be recorded during 2019 and 2020, but it is most likely that global production will begin to fall from 2021.
This would mean that the sector would link 12 consecutive years of production growth, undoubtedly a remarkable milestone for any industry. Specifically, the estimated production for the year 2020 is 3,475 tons .
According to the consultant, the current portfolio of projects is insufficient to maintain the rate of production in the long term and a greater effort would be necessary in the area of exploration , especially in larger deposits, framed within the category known as ‘Tier 1’.
From the World Gold Council , for their part, they agree on the absence of new “world-class” discoveries, which are those that have reserves of over five million ounces (155 Tm) and are capable of producing more than 250,000 ounces (7.75 Tm) of gold per year.
Recycling
Another component of the gold supply, along with mining production, is recycling. It must be remembered that gold is a metal that cannot be consumed nor can it be destroyed , but rather changes its shape from the time it is extracted from the earth’s crust: Humanity has made utensils, jewelry, coins, ingots, which are then returned to melt, recovering the used metal and giving it a new life.
Our society is increasingly concerned about recycling, an issue that is added to the fact that most of the technological devices that surround us, and that each time have a shorter useful life due to their rapid obsolescence, have significant amounts of precious metals among its components.
Therefore, it is not surprising that the volume of gold from recycling is increasing : in 2018, more than 1,168 tons were obtained , an amount that is expected to grow by 1% next year, up to 1,182 tons .
As the production of gold from mining is reduced, recycling will become increasingly important, since the level of demand will continue to increase and it will be necessary to satisfy it, increasing the supply.
Otherwise, there would be a supply deficit situation (insufficient supply to meet demand), which is what has been happening in recent years in the palladium market and one of the factors why the price of this metal has risen. grownto far exceed the price of gold.
Demand
Now let’s talk about demand: the four main sectors that share the global demand for gold are jewellery, industry, investment and central banks . According to the Gold Focus 2019 report by the British consultancy Metals Focus , by the end of this year 2019, the 4,370 tons of gold that are going to be consumed will be distributed as follows: jewelry ( 2,351 Tm ), industry ( 337 Tm ), investment ( 1,082 Tm ) and official sector ( 600 Tm ). A conservative estimate, especially in the case of the official sector, as we will see in the next point.
Total demand, 4,370 tons, is about the same as last year and a far cry from the peak of 5,504 tons consumed in 2013.
Focusing on investment, the section that interests us the most, from the Department of Industry, Innovation and Science of Australia they assure that in the coming years there will be an increase in the demand for investment gold by retail clients, for very diverse (uncertainty regarding the political and economic future, fear of a possible crisis, distrust of other investment assets…) that could boost gold consumption to 1,392 tons in 2020 , a figure that had not been exceeded since 2013.
The total demand, adding the four mentioned sectors, will grow by 3.7% in 2020, reaching 4,728 tons , to fall by 4.9% in 2021 .
One of the main components of the demand and, at the same time, a determining factor for investors is the interest of the official sector, the central banks, for gold.
Last year 2018, the net purchases of gold by the official sector reached levels that had not been seen for almost half a century: close to 650 tons . For 2019, this trend is expected to continue, exceeding this historic figure: according to a Goldman Sachs report , the official sector will reach 750 tons of gold this year.
The central banks themselves recognize their interest in gold as part of the strategic reserves. A survey carried out among them by the World Gold Council yields some very significant results : 52% of the banks surveyed believe that the gold reserves of the official sector will grow over the next year and none of them believe that they will decrease.…
The post What Will Be The Future Of Investment Gold? appeared first on Best Gold Price.
[atom_content] =>One of the most intense debates within the gold mining sector concerns whether the maximum level of production has already been reached , what experts call ‘peak gold’ . In 2018, world production reached a new all- time high of 3,503 tonnes , marking its tenth consecutive year of growth. Will it continue to grow in the coming years?
According to S&P Global Market Intelligence , new highs will continue to be recorded during 2019 and 2020, but it is most likely that global production will begin to fall from 2021.
This would mean that the sector would link 12 consecutive years of production growth, undoubtedly a remarkable milestone for any industry. Specifically, the estimated production for the year 2020 is 3,475 tons .
According to the consultant, the current portfolio of projects is insufficient to maintain the rate of production in the long term and a greater effort would be necessary in the area of exploration , especially in larger deposits, framed within the category known as ‘Tier 1’.
From the World Gold Council , for their part, they agree on the absence of new “world-class” discoveries, which are those that have reserves of over five million ounces (155 Tm) and are capable of producing more than 250,000 ounces (7.75 Tm) of gold per year.
Recycling
Another component of the gold supply, along with mining production, is recycling. It must be remembered that gold is a metal that cannot be consumed nor can it be destroyed , but rather changes its shape from the time it is extracted from the earth’s crust: Humanity has made utensils, jewelry, coins, ingots, which are then returned to melt, recovering the used metal and giving it a new life.
Our society is increasingly concerned about recycling, an issue that is added to the fact that most of the technological devices that surround us, and that each time have a shorter useful life due to their rapid obsolescence, have significant amounts of precious metals among its components.
Therefore, it is not surprising that the volume of gold from recycling is increasing : in 2018, more than 1,168 tons were obtained , an amount that is expected to grow by 1% next year, up to 1,182 tons .
As the production of gold from mining is reduced, recycling will become increasingly important, since the level of demand will continue to increase and it will be necessary to satisfy it, increasing the supply.
Otherwise, there would be a supply deficit situation (insufficient supply to meet demand), which is what has been happening in recent years in the palladium market and one of the factors why the price of this metal has risen. grownto far exceed the price of gold.
Demand
Now let’s talk about demand: the four main sectors that share the global demand for gold are jewellery, industry, investment and central banks . According to the Gold Focus 2019 report by the British consultancy Metals Focus , by the end of this year 2019, the 4,370 tons of gold that are going to be consumed will be distributed as follows: jewelry ( 2,351 Tm ), industry ( 337 Tm ), investment ( 1,082 Tm ) and official sector ( 600 Tm ). A conservative estimate, especially in the case of the official sector, as we will see in the next point.
Total demand, 4,370 tons, is about the same as last year and a far cry from the peak of 5,504 tons consumed in 2013.
Focusing on investment, the section that interests us the most, from the Department of Industry, Innovation and Science of Australia they assure that in the coming years there will be an increase in the demand for investment gold by retail clients, for very diverse (uncertainty regarding the political and economic future, fear of a possible crisis, distrust of other investment assets…) that could boost gold consumption to 1,392 tons in 2020 , a figure that had not been exceeded since 2013.
The total demand, adding the four mentioned sectors, will grow by 3.7% in 2020, reaching 4,728 tons , to fall by 4.9% in 2021 .
One of the main components of the demand and, at the same time, a determining factor for investors is the interest of the official sector, the central banks, for gold.
Last year 2018, the net purchases of gold by the official sector reached levels that had not been seen for almost half a century: close to 650 tons . For 2019, this trend is expected to continue, exceeding this historic figure: according to a Goldman Sachs report , the official sector will reach 750 tons of gold this year.
The central banks themselves recognize their interest in gold as part of the strategic reserves. A survey carried out among them by the World Gold Council yields some very significant results : 52% of the banks surveyed believe that the gold reserves of the official sector will grow over the next year and none of them believe that they will decrease.…
The post What Will Be The Future Of Investment Gold? appeared first on Best Gold Price.
) [3] => Array ( [title] => Physical Gold, An Even Better Solution Than Passive Investment [link] => https://goldprice.best/physical-gold-an-even-better-solution-than-passive-investment/ [dc] => Array ( [creator] => Brenda Lamb ) [pubdate] => Wed, 30 Nov 2022 13:49:45 +0000 [category] => Physical Gold [guid] => https://goldprice.best/?p=50 [description] =>The increase in financial culture has allowed more and more people to approach the world of investment, devoid of the prejudices and reverential fear that this sector, once only for initiates, instilled. New formulas for investing, based on simplicity, such as the so-called management or passive investment, are becoming more and more popular.
The world of investment ceased to be the exclusive preserve of a few insiders a long time ago, who had the necessary knowledge to enter unknown territory. The increase in financial culture and the effort of some companies to make investment accessible to citizens with modest savings has allowed, today, anyone with a surplus of money to consider investing it.
It is true that the recent economic crisis and some bad practices in the marketing of financial products by banks (preferred shares, swaps, structured products, Icelandic bonds…) have increased mistrust among less experienced investors, fearing that fall victim to a scam.
What is passive investing?
One of the concepts that has become fashionable in recent years has been that of passive investment . In general terms, passive investment management (characteristic of retail investors) is identified with placing savings in moderate-risk financial products, such as fixed income or shares, with the aim of receiving annual remuneration, without the need to keep a detailed control and carry out a detailed management of it.
Strictly, investment or passive management is based on the theory that the market is mature and efficient, so it is a waste of time and money to carry out prospecting and predictions about future developments, in order to obtain returns higher than those of the market itself.
Therefore, passive management relies on securities and instruments with a moderate risk and a predictable evolution, as close to the market as possible.
Passive investing characteristics
Among the main characteristics of active investing are the following:
• These types of investments follow the markets instead of trying to outperform them.
• It is cheaper than other options, since it does not imply paying high commissions to reward managers, since management is much easier.
• Its turnover is low: the titles remain in the investment portfolio for a long time, so it has a significant tax benefit , since no capital gains taxes are generated.
• It offers greater diversification than other investments.
• It saves a lot of time (and worries) in management.
Physical gold, the alternative
Investment gold , on the other hand, can be an interesting alternative to passive investment, but without that risk component that characterizes active management. A review of the revaluation data of the different investment assets serves to assess the role that gold has played.
According to the World Gold Council , in the last 20 years the precious metal has exceeded the revaluation of the main assets (US shares, Treasury bonds, raw materials, the dollar…), being only behind the revaluation of the shares of emerging countries .
The comparison with the main world currencies is also completely favorable to gold, which has exceeded its appreciation since the year 1900, as can be seen in the graph.
Advantages of investment gold compared to passive investment
As for the advantages offered to investors by passive management, physical gold also has a lot to say:
• More than matching the markets, the revaluation of physical gold even surpasses them , making it a very interesting investment option, with no risk.
• Investing in gold does not require many commissions : just the premium that the bullion or coin carries and, in the event that you want to transfer its custody to a specialized company instead of having it at home, a moderate monthly cost.
• Physical gold also has tax benefits , as it is exempt from VAT in the European Union and is only subject to capital gains tax when sold. Keeping it in the portfolio does not mean paying more taxes.
• In terms of diversification, gold is king : the main portfolio managers recommend including between 2 and 10% gold, to take advantage of its safe-haven nature and its low correlation with other assets.
It also does not require much time to manage. You simply invest in it, with the peace of mind that comes with having an asset that does not depreciate and that can become liquid at any time.…
The post Physical Gold, An Even Better Solution Than Passive Investment appeared first on Best Gold Price.
[content] => Array ( [encoded] =>The increase in financial culture has allowed more and more people to approach the world of investment, devoid of the prejudices and reverential fear that this sector, once only for initiates, instilled. New formulas for investing, based on simplicity, such as the so-called management or passive investment, are becoming more and more popular.
The world of investment ceased to be the exclusive preserve of a few insiders a long time ago, who had the necessary knowledge to enter unknown territory. The increase in financial culture and the effort of some companies to make investment accessible to citizens with modest savings has allowed, today, anyone with a surplus of money to consider investing it.
It is true that the recent economic crisis and some bad practices in the marketing of financial products by banks (preferred shares, swaps, structured products, Icelandic bonds…) have increased mistrust among less experienced investors, fearing that fall victim to a scam.
What is passive investing?
One of the concepts that has become fashionable in recent years has been that of passive investment . In general terms, passive investment management (characteristic of retail investors) is identified with placing savings in moderate-risk financial products, such as fixed income or shares, with the aim of receiving annual remuneration, without the need to keep a detailed control and carry out a detailed management of it.
Strictly, investment or passive management is based on the theory that the market is mature and efficient, so it is a waste of time and money to carry out prospecting and predictions about future developments, in order to obtain returns higher than those of the market itself.
Therefore, passive management relies on securities and instruments with a moderate risk and a predictable evolution, as close to the market as possible.
Passive investing characteristics
Among the main characteristics of active investing are the following:
• These types of investments follow the markets instead of trying to outperform them.
• It is cheaper than other options, since it does not imply paying high commissions to reward managers, since management is much easier.
• Its turnover is low: the titles remain in the investment portfolio for a long time, so it has a significant tax benefit , since no capital gains taxes are generated.
• It offers greater diversification than other investments.
• It saves a lot of time (and worries) in management.
Physical gold, the alternative
Investment gold , on the other hand, can be an interesting alternative to passive investment, but without that risk component that characterizes active management. A review of the revaluation data of the different investment assets serves to assess the role that gold has played.
According to the World Gold Council , in the last 20 years the precious metal has exceeded the revaluation of the main assets (US shares, Treasury bonds, raw materials, the dollar…), being only behind the revaluation of the shares of emerging countries .
The comparison with the main world currencies is also completely favorable to gold, which has exceeded its appreciation since the year 1900, as can be seen in the graph.
Advantages of investment gold compared to passive investment
As for the advantages offered to investors by passive management, physical gold also has a lot to say:
• More than matching the markets, the revaluation of physical gold even surpasses them , making it a very interesting investment option, with no risk.
• Investing in gold does not require many commissions : just the premium that the bullion or coin carries and, in the event that you want to transfer its custody to a specialized company instead of having it at home, a moderate monthly cost.
• Physical gold also has tax benefits , as it is exempt from VAT in the European Union and is only subject to capital gains tax when sold. Keeping it in the portfolio does not mean paying more taxes.
• In terms of diversification, gold is king : the main portfolio managers recommend including between 2 and 10% gold, to take advantage of its safe-haven nature and its low correlation with other assets.
It also does not require much time to manage. You simply invest in it, with the peace of mind that comes with having an asset that does not depreciate and that can become liquid at any time.…
The post Physical Gold, An Even Better Solution Than Passive Investment appeared first on Best Gold Price.
) [summary] =>The increase in financial culture has allowed more and more people to approach the world of investment, devoid of the prejudices and reverential fear that this sector, once only for initiates, instilled. New formulas for investing, based on simplicity, such as the so-called management or passive investment, are becoming more and more popular.
The world of investment ceased to be the exclusive preserve of a few insiders a long time ago, who had the necessary knowledge to enter unknown territory. The increase in financial culture and the effort of some companies to make investment accessible to citizens with modest savings has allowed, today, anyone with a surplus of money to consider investing it.
It is true that the recent economic crisis and some bad practices in the marketing of financial products by banks (preferred shares, swaps, structured products, Icelandic bonds…) have increased mistrust among less experienced investors, fearing that fall victim to a scam.
What is passive investing?
One of the concepts that has become fashionable in recent years has been that of passive investment . In general terms, passive investment management (characteristic of retail investors) is identified with placing savings in moderate-risk financial products, such as fixed income or shares, with the aim of receiving annual remuneration, without the need to keep a detailed control and carry out a detailed management of it.
Strictly, investment or passive management is based on the theory that the market is mature and efficient, so it is a waste of time and money to carry out prospecting and predictions about future developments, in order to obtain returns higher than those of the market itself.
Therefore, passive management relies on securities and instruments with a moderate risk and a predictable evolution, as close to the market as possible.
Passive investing characteristics
Among the main characteristics of active investing are the following:
• These types of investments follow the markets instead of trying to outperform them.
• It is cheaper than other options, since it does not imply paying high commissions to reward managers, since management is much easier.
• Its turnover is low: the titles remain in the investment portfolio for a long time, so it has a significant tax benefit , since no capital gains taxes are generated.
• It offers greater diversification than other investments.
• It saves a lot of time (and worries) in management.
Physical gold, the alternative
Investment gold , on the other hand, can be an interesting alternative to passive investment, but without that risk component that characterizes active management. A review of the revaluation data of the different investment assets serves to assess the role that gold has played.
According to the World Gold Council , in the last 20 years the precious metal has exceeded the revaluation of the main assets (US shares, Treasury bonds, raw materials, the dollar…), being only behind the revaluation of the shares of emerging countries .
The comparison with the main world currencies is also completely favorable to gold, which has exceeded its appreciation since the year 1900, as can be seen in the graph.
Advantages of investment gold compared to passive investment
As for the advantages offered to investors by passive management, physical gold also has a lot to say:
• More than matching the markets, the revaluation of physical gold even surpasses them , making it a very interesting investment option, with no risk.
• Investing in gold does not require many commissions : just the premium that the bullion or coin carries and, in the event that you want to transfer its custody to a specialized company instead of having it at home, a moderate monthly cost.
• Physical gold also has tax benefits , as it is exempt from VAT in the European Union and is only subject to capital gains tax when sold. Keeping it in the portfolio does not mean paying more taxes.
• In terms of diversification, gold is king : the main portfolio managers recommend including between 2 and 10% gold, to take advantage of its safe-haven nature and its low correlation with other assets.
It also does not require much time to manage. You simply invest in it, with the peace of mind that comes with having an asset that does not depreciate and that can become liquid at any time.…
The post Physical Gold, An Even Better Solution Than Passive Investment appeared first on Best Gold Price.
[atom_content] =>The increase in financial culture has allowed more and more people to approach the world of investment, devoid of the prejudices and reverential fear that this sector, once only for initiates, instilled. New formulas for investing, based on simplicity, such as the so-called management or passive investment, are becoming more and more popular.
The world of investment ceased to be the exclusive preserve of a few insiders a long time ago, who had the necessary knowledge to enter unknown territory. The increase in financial culture and the effort of some companies to make investment accessible to citizens with modest savings has allowed, today, anyone with a surplus of money to consider investing it.
It is true that the recent economic crisis and some bad practices in the marketing of financial products by banks (preferred shares, swaps, structured products, Icelandic bonds…) have increased mistrust among less experienced investors, fearing that fall victim to a scam.
What is passive investing?
One of the concepts that has become fashionable in recent years has been that of passive investment . In general terms, passive investment management (characteristic of retail investors) is identified with placing savings in moderate-risk financial products, such as fixed income or shares, with the aim of receiving annual remuneration, without the need to keep a detailed control and carry out a detailed management of it.
Strictly, investment or passive management is based on the theory that the market is mature and efficient, so it is a waste of time and money to carry out prospecting and predictions about future developments, in order to obtain returns higher than those of the market itself.
Therefore, passive management relies on securities and instruments with a moderate risk and a predictable evolution, as close to the market as possible.
Passive investing characteristics
Among the main characteristics of active investing are the following:
• These types of investments follow the markets instead of trying to outperform them.
• It is cheaper than other options, since it does not imply paying high commissions to reward managers, since management is much easier.
• Its turnover is low: the titles remain in the investment portfolio for a long time, so it has a significant tax benefit , since no capital gains taxes are generated.
• It offers greater diversification than other investments.
• It saves a lot of time (and worries) in management.
Physical gold, the alternative
Investment gold , on the other hand, can be an interesting alternative to passive investment, but without that risk component that characterizes active management. A review of the revaluation data of the different investment assets serves to assess the role that gold has played.
According to the World Gold Council , in the last 20 years the precious metal has exceeded the revaluation of the main assets (US shares, Treasury bonds, raw materials, the dollar…), being only behind the revaluation of the shares of emerging countries .
The comparison with the main world currencies is also completely favorable to gold, which has exceeded its appreciation since the year 1900, as can be seen in the graph.
Advantages of investment gold compared to passive investment
As for the advantages offered to investors by passive management, physical gold also has a lot to say:
• More than matching the markets, the revaluation of physical gold even surpasses them , making it a very interesting investment option, with no risk.
• Investing in gold does not require many commissions : just the premium that the bullion or coin carries and, in the event that you want to transfer its custody to a specialized company instead of having it at home, a moderate monthly cost.
• Physical gold also has tax benefits , as it is exempt from VAT in the European Union and is only subject to capital gains tax when sold. Keeping it in the portfolio does not mean paying more taxes.
• In terms of diversification, gold is king : the main portfolio managers recommend including between 2 and 10% gold, to take advantage of its safe-haven nature and its low correlation with other assets.
It also does not require much time to manage. You simply invest in it, with the peace of mind that comes with having an asset that does not depreciate and that can become liquid at any time.…
The post Physical Gold, An Even Better Solution Than Passive Investment appeared first on Best Gold Price.
) [4] => Array ( [title] => How To Overcome A Crisis Thanks To Investment Gold [link] => https://goldprice.best/how-to-overcome-a-crisis-thanks-to-investment-gold/ [dc] => Array ( [creator] => Brenda Lamb ) [pubdate] => Wed, 30 Nov 2022 13:48:07 +0000 [category] => Investment Gold [guid] => https://goldprice.best/?p=45 [description] =>The slowdown of the economy, both globally and nationally, is a fact. The latest figures relating to the growth of the GDP and the increase in unemployment after the summer are worrying indicators. And internationally, the situation is also uncertain, with the trade war and the cooling of key economies such as China or, closer to us, Germany.
In situations like this, investment gold is one of the safest alternatives to deal with the crisis, as could already be seen with the economic depression that occurred since 2008.
The international and national economic situation can be described as worrisome. At the beginning of last September we knew the unemployment data for the month of August, in which almost 213,000 jobs were lost , the worst August since 2008 when the crisis began.
As if that were not enough, Funcas has released its forecasts for GDP and has lowered its growth to 2.2% in 2019 . And from the National Institute of Statistics they have been quick to warn that it is most likely that it will have to be revised downwards again and it will be between 2 and 2.1% .
The international situation does not seem favorable either, with enormous instability generated by the trade war between China and the United States , cuts in interest rates by the Federal Reserve and the European Central Bank, and a slowdown in the German economy that is can be felt in the rest of the European Union.
In recent days, moreover, the events in Saudi Arabia, with the bombing of important oil facilities, have aggravated the situation, causing the biggest rise in oil in 30 years , since the creation of the Brent index (1987) and the biggest cut in supply in history, equivalent to almost half of the Arab oil capacity.
Gold as a store of value
In a worrying economic environment both nationally and internationally, it is essential to know the qualities of investment gold as a means of protecting wealth and avoiding the loss of purchasing power.
Precisely, the nature of gold as a refuge is highlighted at times of international economic crisis. According to data from the World Gold Council , in the last 10 years the metal has increased in value by more than 75% , going from the 987.8 dollars an ounce registered in January 2009 (in the midst of the crisis) to more than 1,300 dollars that he reached last January 2019.
This is one of the main qualities of investment gold, which makes it especially suitable as an asset to invest in situations like the current one: its ability to maintain purchasing power over time .
Comparison with other assets
When looking for investment alternatives for moments of special difficulty in the economic field, gold is presented as one of the best assets to trust. The data supports it: since 1971, the average annual revaluation of the metal in dollars has been 10.45% , in line with other similar assets with which it is usually compared.
In the last 20 years , for example, the comparison is even more favorable for the precious metal, whose revaluation (+8.77%) has been higher than US stocks, US Treasury bonds, raw materials and the dollar.
Only emerging market stocks have outperformed in terms of appreciation over the past two decades.
This low correlation with the investment assets with which it usually competes makes gold the ideal element with which to diversify risks in an investment portfolio, taking advantage of its ability to maintain value (derived from a very limited supply) and its enormous liquidity.
In fact, the experience of the financial crisis of 2008 and 2009 shows that other assets that were also considered as safe havens or diversification elements (commodities, the real estate sector or hedge funds) imitated the fall of the capital markets, leaving gold as the only asset that appreciated in those delicate moments.
Experts place between 2 and 10% the ideal percentage of gold that an investment portfolio should contain so that it is properly diversified and protected against risk.
…
The post How To Overcome A Crisis Thanks To Investment Gold appeared first on Best Gold Price.
[content] => Array ( [encoded] =>The slowdown of the economy, both globally and nationally, is a fact. The latest figures relating to the growth of the GDP and the increase in unemployment after the summer are worrying indicators. And internationally, the situation is also uncertain, with the trade war and the cooling of key economies such as China or, closer to us, Germany.
In situations like this, investment gold is one of the safest alternatives to deal with the crisis, as could already be seen with the economic depression that occurred since 2008.
The international and national economic situation can be described as worrisome. At the beginning of last September we knew the unemployment data for the month of August, in which almost 213,000 jobs were lost , the worst August since 2008 when the crisis began.
As if that were not enough, Funcas has released its forecasts for GDP and has lowered its growth to 2.2% in 2019 . And from the National Institute of Statistics they have been quick to warn that it is most likely that it will have to be revised downwards again and it will be between 2 and 2.1% .
The international situation does not seem favorable either, with enormous instability generated by the trade war between China and the United States , cuts in interest rates by the Federal Reserve and the European Central Bank, and a slowdown in the German economy that is can be felt in the rest of the European Union.
In recent days, moreover, the events in Saudi Arabia, with the bombing of important oil facilities, have aggravated the situation, causing the biggest rise in oil in 30 years , since the creation of the Brent index (1987) and the biggest cut in supply in history, equivalent to almost half of the Arab oil capacity.
Gold as a store of value
In a worrying economic environment both nationally and internationally, it is essential to know the qualities of investment gold as a means of protecting wealth and avoiding the loss of purchasing power.
Precisely, the nature of gold as a refuge is highlighted at times of international economic crisis. According to data from the World Gold Council , in the last 10 years the metal has increased in value by more than 75% , going from the 987.8 dollars an ounce registered in January 2009 (in the midst of the crisis) to more than 1,300 dollars that he reached last January 2019.
This is one of the main qualities of investment gold, which makes it especially suitable as an asset to invest in situations like the current one: its ability to maintain purchasing power over time .
Comparison with other assets
When looking for investment alternatives for moments of special difficulty in the economic field, gold is presented as one of the best assets to trust. The data supports it: since 1971, the average annual revaluation of the metal in dollars has been 10.45% , in line with other similar assets with which it is usually compared.
In the last 20 years , for example, the comparison is even more favorable for the precious metal, whose revaluation (+8.77%) has been higher than US stocks, US Treasury bonds, raw materials and the dollar.
Only emerging market stocks have outperformed in terms of appreciation over the past two decades.
This low correlation with the investment assets with which it usually competes makes gold the ideal element with which to diversify risks in an investment portfolio, taking advantage of its ability to maintain value (derived from a very limited supply) and its enormous liquidity.
In fact, the experience of the financial crisis of 2008 and 2009 shows that other assets that were also considered as safe havens or diversification elements (commodities, the real estate sector or hedge funds) imitated the fall of the capital markets, leaving gold as the only asset that appreciated in those delicate moments.
Experts place between 2 and 10% the ideal percentage of gold that an investment portfolio should contain so that it is properly diversified and protected against risk.
…
The post How To Overcome A Crisis Thanks To Investment Gold appeared first on Best Gold Price.
) [summary] =>The slowdown of the economy, both globally and nationally, is a fact. The latest figures relating to the growth of the GDP and the increase in unemployment after the summer are worrying indicators. And internationally, the situation is also uncertain, with the trade war and the cooling of key economies such as China or, closer to us, Germany.
In situations like this, investment gold is one of the safest alternatives to deal with the crisis, as could already be seen with the economic depression that occurred since 2008.
The international and national economic situation can be described as worrisome. At the beginning of last September we knew the unemployment data for the month of August, in which almost 213,000 jobs were lost , the worst August since 2008 when the crisis began.
As if that were not enough, Funcas has released its forecasts for GDP and has lowered its growth to 2.2% in 2019 . And from the National Institute of Statistics they have been quick to warn that it is most likely that it will have to be revised downwards again and it will be between 2 and 2.1% .
The international situation does not seem favorable either, with enormous instability generated by the trade war between China and the United States , cuts in interest rates by the Federal Reserve and the European Central Bank, and a slowdown in the German economy that is can be felt in the rest of the European Union.
In recent days, moreover, the events in Saudi Arabia, with the bombing of important oil facilities, have aggravated the situation, causing the biggest rise in oil in 30 years , since the creation of the Brent index (1987) and the biggest cut in supply in history, equivalent to almost half of the Arab oil capacity.
Gold as a store of value
In a worrying economic environment both nationally and internationally, it is essential to know the qualities of investment gold as a means of protecting wealth and avoiding the loss of purchasing power.
Precisely, the nature of gold as a refuge is highlighted at times of international economic crisis. According to data from the World Gold Council , in the last 10 years the metal has increased in value by more than 75% , going from the 987.8 dollars an ounce registered in January 2009 (in the midst of the crisis) to more than 1,300 dollars that he reached last January 2019.
This is one of the main qualities of investment gold, which makes it especially suitable as an asset to invest in situations like the current one: its ability to maintain purchasing power over time .
Comparison with other assets
When looking for investment alternatives for moments of special difficulty in the economic field, gold is presented as one of the best assets to trust. The data supports it: since 1971, the average annual revaluation of the metal in dollars has been 10.45% , in line with other similar assets with which it is usually compared.
In the last 20 years , for example, the comparison is even more favorable for the precious metal, whose revaluation (+8.77%) has been higher than US stocks, US Treasury bonds, raw materials and the dollar.
Only emerging market stocks have outperformed in terms of appreciation over the past two decades.
This low correlation with the investment assets with which it usually competes makes gold the ideal element with which to diversify risks in an investment portfolio, taking advantage of its ability to maintain value (derived from a very limited supply) and its enormous liquidity.
In fact, the experience of the financial crisis of 2008 and 2009 shows that other assets that were also considered as safe havens or diversification elements (commodities, the real estate sector or hedge funds) imitated the fall of the capital markets, leaving gold as the only asset that appreciated in those delicate moments.
Experts place between 2 and 10% the ideal percentage of gold that an investment portfolio should contain so that it is properly diversified and protected against risk.
…
The post How To Overcome A Crisis Thanks To Investment Gold appeared first on Best Gold Price.
[atom_content] =>The slowdown of the economy, both globally and nationally, is a fact. The latest figures relating to the growth of the GDP and the increase in unemployment after the summer are worrying indicators. And internationally, the situation is also uncertain, with the trade war and the cooling of key economies such as China or, closer to us, Germany.
In situations like this, investment gold is one of the safest alternatives to deal with the crisis, as could already be seen with the economic depression that occurred since 2008.
The international and national economic situation can be described as worrisome. At the beginning of last September we knew the unemployment data for the month of August, in which almost 213,000 jobs were lost , the worst August since 2008 when the crisis began.
As if that were not enough, Funcas has released its forecasts for GDP and has lowered its growth to 2.2% in 2019 . And from the National Institute of Statistics they have been quick to warn that it is most likely that it will have to be revised downwards again and it will be between 2 and 2.1% .
The international situation does not seem favorable either, with enormous instability generated by the trade war between China and the United States , cuts in interest rates by the Federal Reserve and the European Central Bank, and a slowdown in the German economy that is can be felt in the rest of the European Union.
In recent days, moreover, the events in Saudi Arabia, with the bombing of important oil facilities, have aggravated the situation, causing the biggest rise in oil in 30 years , since the creation of the Brent index (1987) and the biggest cut in supply in history, equivalent to almost half of the Arab oil capacity.
Gold as a store of value
In a worrying economic environment both nationally and internationally, it is essential to know the qualities of investment gold as a means of protecting wealth and avoiding the loss of purchasing power.
Precisely, the nature of gold as a refuge is highlighted at times of international economic crisis. According to data from the World Gold Council , in the last 10 years the metal has increased in value by more than 75% , going from the 987.8 dollars an ounce registered in January 2009 (in the midst of the crisis) to more than 1,300 dollars that he reached last January 2019.
This is one of the main qualities of investment gold, which makes it especially suitable as an asset to invest in situations like the current one: its ability to maintain purchasing power over time .
Comparison with other assets
When looking for investment alternatives for moments of special difficulty in the economic field, gold is presented as one of the best assets to trust. The data supports it: since 1971, the average annual revaluation of the metal in dollars has been 10.45% , in line with other similar assets with which it is usually compared.
In the last 20 years , for example, the comparison is even more favorable for the precious metal, whose revaluation (+8.77%) has been higher than US stocks, US Treasury bonds, raw materials and the dollar.
Only emerging market stocks have outperformed in terms of appreciation over the past two decades.
This low correlation with the investment assets with which it usually competes makes gold the ideal element with which to diversify risks in an investment portfolio, taking advantage of its ability to maintain value (derived from a very limited supply) and its enormous liquidity.
In fact, the experience of the financial crisis of 2008 and 2009 shows that other assets that were also considered as safe havens or diversification elements (commodities, the real estate sector or hedge funds) imitated the fall of the capital markets, leaving gold as the only asset that appreciated in those delicate moments.
Experts place between 2 and 10% the ideal percentage of gold that an investment portfolio should contain so that it is properly diversified and protected against risk.
…
The post How To Overcome A Crisis Thanks To Investment Gold appeared first on Best Gold Price.
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