The most experienced investors know that gold never depreciates, and therefore it is a winning investment. This metal is real money, and it constitutes a risk-free asset; most importantly, it constitutes armored financial insurance against the crisis and its impact on retirement funds. Thinking of a solid asset for after retirement marries perfectly with an investment in physical metal in the long term, without risks and with a full guarantee.
Whether in gold bars or gold coins, governments, financial institutions, and private investors prefer to purchase the metal in physical form since it is one of the most important assets in the field of raw materials, capable of attracting both professional investors as well as those with little investment experience.
Undoubtedly, the future pensioner fits into this last category, and he has a lot to gain for his future after retirement from work, which opens up an important period of his life, considering his extended longevity.
Since the advent of the recession, saving has become a relevant issue for governments, companies, and families. According to data provided by the INE, only 30% of citizens have enough income to be able to save; however, other private studies on "smart savings" have established that 6 out of 10 Spaniards can afford to save something each month.
This has been possible thanks to the reduction in spending on leisure or non-priority consumer products, the decrease in night outings, dinners in restaurants, and purchases of clothing and accessories in seasons without sales. All in all, to think about the tranquility of your future, it is necessary to think about solid forms of savings that offer better guarantees in the face of uncertainty, present in all spaces, from the stock market to the nearest bank.
Although investing in bonds and shares or acquiring private savings insurance are valid options for thinking in the medium and long term, what is involved in this case is investing in an asset with the least amount of risk in a scenario characterized by uncertainty. In this way, establishing budgets and following them to the letter can be a quite valid tactic as long as it is framed in a strategic vision where saving in metal is at the center of your planning.
Thus, when the time comes to invest in the precious metal, individuals have options to place their money in certificates of deposit, acquire shares in mining companies, exchange-traded funds (ETFs), and even digital ways of owning the metal that can be exchanged for its palpable modality. However, the safest form of saving in this case, recommended for those who want to preserve value for their pension, consists of buying physical metal.
Once the form of investment has been decided, the individual must take into account factors such as liquidity, custody, storage cost, purchase volume, commissions, and points of purchase and sale. For example, acquiring coins and ingots creates the need for storage, for which there are specialized companies that allow investors to substantially reduce expenses.
Finally, while the political class debates between creating a new tax, creating hybrid systems, or returning to the Toledo Pact, all to keep the pensioners' piggy bank afloat, you can opt for this form of solid savings, which will allow you to maintain and revalue their assets and ensure a dignified retirement protected from economic turmoil.
…
The post Gold Savings That Guarantee Your Pension appeared first on Gold IRA Reviews.
[content] => Array ( [encoded] =>The most experienced investors know that gold never depreciates, and therefore it is a winning investment. This metal is real money, and it constitutes a risk-free asset; most importantly, it constitutes armored financial insurance against the crisis and its impact on retirement funds. Thinking of a solid asset for after retirement marries perfectly with an investment in physical metal in the long term, without risks and with a full guarantee.
Whether in gold bars or gold coins, governments, financial institutions, and private investors prefer to purchase the metal in physical form since it is one of the most important assets in the field of raw materials, capable of attracting both professional investors as well as those with little investment experience.
Undoubtedly, the future pensioner fits into this last category, and he has a lot to gain for his future after retirement from work, which opens up an important period of his life, considering his extended longevity.
Since the advent of the recession, saving has become a relevant issue for governments, companies, and families. According to data provided by the INE, only 30% of citizens have enough income to be able to save; however, other private studies on "smart savings" have established that 6 out of 10 Spaniards can afford to save something each month.
This has been possible thanks to the reduction in spending on leisure or non-priority consumer products, the decrease in night outings, dinners in restaurants, and purchases of clothing and accessories in seasons without sales. All in all, to think about the tranquility of your future, it is necessary to think about solid forms of savings that offer better guarantees in the face of uncertainty, present in all spaces, from the stock market to the nearest bank.
Although investing in bonds and shares or acquiring private savings insurance are valid options for thinking in the medium and long term, what is involved in this case is investing in an asset with the least amount of risk in a scenario characterized by uncertainty. In this way, establishing budgets and following them to the letter can be a quite valid tactic as long as it is framed in a strategic vision where saving in metal is at the center of your planning.
Thus, when the time comes to invest in the precious metal, individuals have options to place their money in certificates of deposit, acquire shares in mining companies, exchange-traded funds (ETFs), and even digital ways of owning the metal that can be exchanged for its palpable modality. However, the safest form of saving in this case, recommended for those who want to preserve value for their pension, consists of buying physical metal.
Once the form of investment has been decided, the individual must take into account factors such as liquidity, custody, storage cost, purchase volume, commissions, and points of purchase and sale. For example, acquiring coins and ingots creates the need for storage, for which there are specialized companies that allow investors to substantially reduce expenses.
Finally, while the political class debates between creating a new tax, creating hybrid systems, or returning to the Toledo Pact, all to keep the pensioners' piggy bank afloat, you can opt for this form of solid savings, which will allow you to maintain and revalue their assets and ensure a dignified retirement protected from economic turmoil.
The post Gold Savings That Guarantee Your Pension appeared first on Gold IRA Reviews.
) [summary] =>The most experienced investors know that gold never depreciates, and therefore it is a winning investment. This metal is real money, and it constitutes a risk-free asset; most importantly, it constitutes armored financial insurance against the crisis and its impact on retirement funds. Thinking of a solid asset for after retirement marries perfectly with an investment in physical metal in the long term, without risks and with a full guarantee.
Whether in gold bars or gold coins, governments, financial institutions, and private investors prefer to purchase the metal in physical form since it is one of the most important assets in the field of raw materials, capable of attracting both professional investors as well as those with little investment experience.
Undoubtedly, the future pensioner fits into this last category, and he has a lot to gain for his future after retirement from work, which opens up an important period of his life, considering his extended longevity.
Since the advent of the recession, saving has become a relevant issue for governments, companies, and families. According to data provided by the INE, only 30% of citizens have enough income to be able to save; however, other private studies on "smart savings" have established that 6 out of 10 Spaniards can afford to save something each month.
This has been possible thanks to the reduction in spending on leisure or non-priority consumer products, the decrease in night outings, dinners in restaurants, and purchases of clothing and accessories in seasons without sales. All in all, to think about the tranquility of your future, it is necessary to think about solid forms of savings that offer better guarantees in the face of uncertainty, present in all spaces, from the stock market to the nearest bank.
Although investing in bonds and shares or acquiring private savings insurance are valid options for thinking in the medium and long term, what is involved in this case is investing in an asset with the least amount of risk in a scenario characterized by uncertainty. In this way, establishing budgets and following them to the letter can be a quite valid tactic as long as it is framed in a strategic vision where saving in metal is at the center of your planning.
Thus, when the time comes to invest in the precious metal, individuals have options to place their money in certificates of deposit, acquire shares in mining companies, exchange-traded funds (ETFs), and even digital ways of owning the metal that can be exchanged for its palpable modality. However, the safest form of saving in this case, recommended for those who want to preserve value for their pension, consists of buying physical metal.
Once the form of investment has been decided, the individual must take into account factors such as liquidity, custody, storage cost, purchase volume, commissions, and points of purchase and sale. For example, acquiring coins and ingots creates the need for storage, for which there are specialized companies that allow investors to substantially reduce expenses.
Finally, while the political class debates between creating a new tax, creating hybrid systems, or returning to the Toledo Pact, all to keep the pensioners' piggy bank afloat, you can opt for this form of solid savings, which will allow you to maintain and revalue their assets and ensure a dignified retirement protected from economic turmoil.
…
The post Gold Savings That Guarantee Your Pension appeared first on Gold IRA Reviews.
[atom_content] =>The most experienced investors know that gold never depreciates, and therefore it is a winning investment. This metal is real money, and it constitutes a risk-free asset; most importantly, it constitutes armored financial insurance against the crisis and its impact on retirement funds. Thinking of a solid asset for after retirement marries perfectly with an investment in physical metal in the long term, without risks and with a full guarantee.
Whether in gold bars or gold coins, governments, financial institutions, and private investors prefer to purchase the metal in physical form since it is one of the most important assets in the field of raw materials, capable of attracting both professional investors as well as those with little investment experience.
Undoubtedly, the future pensioner fits into this last category, and he has a lot to gain for his future after retirement from work, which opens up an important period of his life, considering his extended longevity.
Since the advent of the recession, saving has become a relevant issue for governments, companies, and families. According to data provided by the INE, only 30% of citizens have enough income to be able to save; however, other private studies on "smart savings" have established that 6 out of 10 Spaniards can afford to save something each month.
This has been possible thanks to the reduction in spending on leisure or non-priority consumer products, the decrease in night outings, dinners in restaurants, and purchases of clothing and accessories in seasons without sales. All in all, to think about the tranquility of your future, it is necessary to think about solid forms of savings that offer better guarantees in the face of uncertainty, present in all spaces, from the stock market to the nearest bank.
Although investing in bonds and shares or acquiring private savings insurance are valid options for thinking in the medium and long term, what is involved in this case is investing in an asset with the least amount of risk in a scenario characterized by uncertainty. In this way, establishing budgets and following them to the letter can be a quite valid tactic as long as it is framed in a strategic vision where saving in metal is at the center of your planning.
Thus, when the time comes to invest in the precious metal, individuals have options to place their money in certificates of deposit, acquire shares in mining companies, exchange-traded funds (ETFs), and even digital ways of owning the metal that can be exchanged for its palpable modality. However, the safest form of saving in this case, recommended for those who want to preserve value for their pension, consists of buying physical metal.
Once the form of investment has been decided, the individual must take into account factors such as liquidity, custody, storage cost, purchase volume, commissions, and points of purchase and sale. For example, acquiring coins and ingots creates the need for storage, for which there are specialized companies that allow investors to substantially reduce expenses.
Finally, while the political class debates between creating a new tax, creating hybrid systems, or returning to the Toledo Pact, all to keep the pensioners' piggy bank afloat, you can opt for this form of solid savings, which will allow you to maintain and revalue their assets and ensure a dignified retirement protected from economic turmoil.
The post Gold Savings That Guarantee Your Pension appeared first on Gold IRA Reviews.
) [1] => Array ( [title] => Why It Is A Good Idea To Buy Gold, And How To Do It [link] => https://irareviews.gold/why-it-is-a-good-idea-to-buy-gold-and-how-to-do-it/ [dc] => Array ( [creator] => Michael Matthews ) [pubdate] => Thu, 01 Dec 2022 10:38:54 +0000 [category] => Buy Gold [guid] => https://irareviews.gold/?p=40 [description] =>Gold is an asset that is sometimes in style and sometimes not. As you can see, since 1929, gold has risen a lot: an ounce of gold (an ounce is about 31 grams) has risen from $20 to $1,536 (as of today, 2021).
That is, these last 90 years, it has been profitable to buy gold because it has earned 5% per year. It is not a bad figure for so many years.
But the advantage of gold is not that it rises a lot, but two characteristics that make it very interesting, and that no other asset has:
It is the refuge par excellence in bad times.
If the economy is bad, or the stock market suffers a major crash, or we are in uncertain times: investors buy gold, and therefore, gold rises.
Look at the behavior of gold in the 2008 crisis. I have placed the SP500 (green candle line) and gold (blue line) at an identical level of 100 at the end of 2007:
As you can see, gold rallied strongly while the SP500 fell. In other words, it is a fantastic hedge for our investments. You can also see that the inverse correlation is not perfect: In the middle of 2008, both gold and the stock market have moments of decline. But by the end of the stock market crash, the S&P 500 had gone from 100 to below 50, and gold had risen from 100 to 140.
Therefore, if there are nerves in the economy, GDP falls and the stock market collapses: gold will most likely prevent us from losing, and even making money.
It is the safest asset investment that exists.
Those of us who follow and study the stock market do not think much about equity investment: it is very long-term and, therefore, boring.
They are investments to safeguard your savings, to leave for your old age, or leave as an inheritance.
But if you are interested in that type of investment, forget about investing in flats, forget about bank accounts, and jewelry: invest in gold.
As a “conservative” investment, it can be shocking because gold fluctuates quite a bit: but look at the chart comparing gold and strong currencies like the dollar, the pound, or the yen.
Gold being the yellow horizontal line, the value of the dollar is 1% of what it was in 1900. In other words, it has lost 99% of its value with respect to gold in 100 years. But the British pound has lost 99.5%.
In other words, the worst thing we can do with our money is to keep it in foreign currency.
But historically, currencies have lost almost 100% of their value. We have seen it in the last 100 years, and we will see it in the next 100. There is no currency in the history of mankind that has held its value over the long term. And sooner or later, they disappear.
And the current prospects, with brutal debt, are not rosy.
…
The post Why It Is A Good Idea To Buy Gold, And How To Do It appeared first on Gold IRA Reviews.
[content] => Array ( [encoded] =>Gold is an asset that is sometimes in style and sometimes not. As you can see, since 1929, gold has risen a lot: an ounce of gold (an ounce is about 31 grams) has risen from $20 to $1,536 (as of today, 2021).
That is, these last 90 years, it has been profitable to buy gold because it has earned 5% per year. It is not a bad figure for so many years.
But the advantage of gold is not that it rises a lot, but two characteristics that make it very interesting, and that no other asset has:
It is the refuge par excellence in bad times.
If the economy is bad, or the stock market suffers a major crash, or we are in uncertain times: investors buy gold, and therefore, gold rises.
Look at the behavior of gold in the 2008 crisis. I have placed the SP500 (green candle line) and gold (blue line) at an identical level of 100 at the end of 2007:
As you can see, gold rallied strongly while the SP500 fell. In other words, it is a fantastic hedge for our investments. You can also see that the inverse correlation is not perfect: In the middle of 2008, both gold and the stock market have moments of decline. But by the end of the stock market crash, the S&P 500 had gone from 100 to below 50, and gold had risen from 100 to 140.
Therefore, if there are nerves in the economy, GDP falls and the stock market collapses: gold will most likely prevent us from losing, and even making money.
It is the safest asset investment that exists.
Those of us who follow and study the stock market do not think much about equity investment: it is very long-term and, therefore, boring.
They are investments to safeguard your savings, to leave for your old age, or leave as an inheritance.
But if you are interested in that type of investment, forget about investing in flats, forget about bank accounts, and jewelry: invest in gold.
As a “conservative” investment, it can be shocking because gold fluctuates quite a bit: but look at the chart comparing gold and strong currencies like the dollar, the pound, or the yen.
Gold being the yellow horizontal line, the value of the dollar is 1% of what it was in 1900. In other words, it has lost 99% of its value with respect to gold in 100 years. But the British pound has lost 99.5%.
In other words, the worst thing we can do with our money is to keep it in foreign currency.
But historically, currencies have lost almost 100% of their value. We have seen it in the last 100 years, and we will see it in the next 100. There is no currency in the history of mankind that has held its value over the long term. And sooner or later, they disappear.
And the current prospects, with brutal debt, are not rosy.
…The post Why It Is A Good Idea To Buy Gold, And How To Do It appeared first on Gold IRA Reviews.
) [summary] =>Gold is an asset that is sometimes in style and sometimes not. As you can see, since 1929, gold has risen a lot: an ounce of gold (an ounce is about 31 grams) has risen from $20 to $1,536 (as of today, 2021).
That is, these last 90 years, it has been profitable to buy gold because it has earned 5% per year. It is not a bad figure for so many years.
But the advantage of gold is not that it rises a lot, but two characteristics that make it very interesting, and that no other asset has:
It is the refuge par excellence in bad times.
If the economy is bad, or the stock market suffers a major crash, or we are in uncertain times: investors buy gold, and therefore, gold rises.
Look at the behavior of gold in the 2008 crisis. I have placed the SP500 (green candle line) and gold (blue line) at an identical level of 100 at the end of 2007:
As you can see, gold rallied strongly while the SP500 fell. In other words, it is a fantastic hedge for our investments. You can also see that the inverse correlation is not perfect: In the middle of 2008, both gold and the stock market have moments of decline. But by the end of the stock market crash, the S&P 500 had gone from 100 to below 50, and gold had risen from 100 to 140.
Therefore, if there are nerves in the economy, GDP falls and the stock market collapses: gold will most likely prevent us from losing, and even making money.
It is the safest asset investment that exists.
Those of us who follow and study the stock market do not think much about equity investment: it is very long-term and, therefore, boring.
They are investments to safeguard your savings, to leave for your old age, or leave as an inheritance.
But if you are interested in that type of investment, forget about investing in flats, forget about bank accounts, and jewelry: invest in gold.
As a “conservative” investment, it can be shocking because gold fluctuates quite a bit: but look at the chart comparing gold and strong currencies like the dollar, the pound, or the yen.
Gold being the yellow horizontal line, the value of the dollar is 1% of what it was in 1900. In other words, it has lost 99% of its value with respect to gold in 100 years. But the British pound has lost 99.5%.
In other words, the worst thing we can do with our money is to keep it in foreign currency.
But historically, currencies have lost almost 100% of their value. We have seen it in the last 100 years, and we will see it in the next 100. There is no currency in the history of mankind that has held its value over the long term. And sooner or later, they disappear.
And the current prospects, with brutal debt, are not rosy.
…
The post Why It Is A Good Idea To Buy Gold, And How To Do It appeared first on Gold IRA Reviews.
[atom_content] =>Gold is an asset that is sometimes in style and sometimes not. As you can see, since 1929, gold has risen a lot: an ounce of gold (an ounce is about 31 grams) has risen from $20 to $1,536 (as of today, 2021).
That is, these last 90 years, it has been profitable to buy gold because it has earned 5% per year. It is not a bad figure for so many years.
But the advantage of gold is not that it rises a lot, but two characteristics that make it very interesting, and that no other asset has:
It is the refuge par excellence in bad times.
If the economy is bad, or the stock market suffers a major crash, or we are in uncertain times: investors buy gold, and therefore, gold rises.
Look at the behavior of gold in the 2008 crisis. I have placed the SP500 (green candle line) and gold (blue line) at an identical level of 100 at the end of 2007:
As you can see, gold rallied strongly while the SP500 fell. In other words, it is a fantastic hedge for our investments. You can also see that the inverse correlation is not perfect: In the middle of 2008, both gold and the stock market have moments of decline. But by the end of the stock market crash, the S&P 500 had gone from 100 to below 50, and gold had risen from 100 to 140.
Therefore, if there are nerves in the economy, GDP falls and the stock market collapses: gold will most likely prevent us from losing, and even making money.
It is the safest asset investment that exists.
Those of us who follow and study the stock market do not think much about equity investment: it is very long-term and, therefore, boring.
They are investments to safeguard your savings, to leave for your old age, or leave as an inheritance.
But if you are interested in that type of investment, forget about investing in flats, forget about bank accounts, and jewelry: invest in gold.
As a “conservative” investment, it can be shocking because gold fluctuates quite a bit: but look at the chart comparing gold and strong currencies like the dollar, the pound, or the yen.
Gold being the yellow horizontal line, the value of the dollar is 1% of what it was in 1900. In other words, it has lost 99% of its value with respect to gold in 100 years. But the British pound has lost 99.5%.
In other words, the worst thing we can do with our money is to keep it in foreign currency.
But historically, currencies have lost almost 100% of their value. We have seen it in the last 100 years, and we will see it in the next 100. There is no currency in the history of mankind that has held its value over the long term. And sooner or later, they disappear.
And the current prospects, with brutal debt, are not rosy.
…The post Why It Is A Good Idea To Buy Gold, And How To Do It appeared first on Gold IRA Reviews.
) [2] => Array ( [title] => What Gold To Buy, For Starters? [link] => https://irareviews.gold/what-gold-to-buy-for-starters/ [dc] => Array ( [creator] => Michael Matthews ) [pubdate] => Thu, 01 Dec 2022 10:37:25 +0000 [category] => Physical Gold [guid] => https://irareviews.gold/?p=35 [description] =>The simplest thing is to buy an ETF that replicates gold: for example, the GLD, or in its European version, in euros, the PHAU. In this way, you do not have to acquire and keep gold, which is a slower process, and above all, it has more costs to buy or sell.
Gold ETFs track the price of an ounce of gold, either by purchasing physical gold or by using gold-based derivative products such as futures.
And they are very easy to acquire as if they were shares, and the commissions of the company that manages them are minimal.
In fact, GLD, which is the ETF marketed by the SPDR manager, is very liquid and efficient. This is the gold price chart superimposed on the price of the GLD ETF:
The green candles are the price of the GLD ETF, and the blue line is the price of one ounce of gold. As you can see, the ETF very accurately replicates the price of gold in dollars.
I use ETFs when I want to use gold as a hedge, I don’t get more complicated.
However, there is a problem with ETFs: they are “virtual” products. I mean, you don’t really have the gold. What happens if the company goes bankrupt or scams you?
It must be said that the probability of a large ETF company, such as SPDR, Blackrock, or Vanguard, going bankrupt and losing your investment is minimal.
However, black swans do exist, and they are always unexpected.
Who would have thought, at the beginning of 2020, that there would be a global pandemic with dire consequences for the entire globe? It had never happened.
Therefore, if we want to protect our heritage with total security, we must buy bullion.
Buying physical gold
To buy bullion, you have to go to a gold-buying/selling company.
And by the way, ingots and investment gold, in general, do not have VAT. On the other hand, gold jewelry does pay VAT.
The typical shops at street level that sell and buy gold are not usually the most recommended for commissions.
There are specialized bullion companies with all kinds of gold assets that you can visit and buy in person.
There are many more. But they don’t have gold-buying and selling offices in every city.
In addition to bullion, you can buy pure gold coins, such as the famous 1-ounce Krugerrand coins, or the British or Austrian:
Although they are beautiful (if you like these things), it is not highly recommended to buy them because you pay a certain extra cost, for the numismatic value. In fact, it is also not advisable to buy very small ingots because the purchase-sale commission is a high cost.
These would be the approximate costs of buying bars of different sizes. They are average cost, it depends a bit on the provider, although the differences are not great.
As you can see, the purchase commission is very high for small bars, and it would only be accepted from 20 grams, or better, more. Although it depends: if we are talking about long-term equity investment, that cost becomes irrelevant over the years.
The problem with physical gold is that it could be stolen from you if you have it at home.
It would be a classic robbery, old as civilization itself.
Many gold sales companies offer custody services; although they are expensive services, they are only worth it for large amounts.
Although if you don’t have a lot of gold, the truth is that they are easy to hide: The 20-gram ingot measures 4 cm x 2 cm: it is like a stamp, and it is hidden anywhere: in a storage room, inside a book, which is me.
Or if you’re afraid, for little money, you buy one of those built-in safes, with 2 cm steel doors that no one can open.
I personally, who spend all day looking at the stock market, save myself the trouble of saving gold and prefer ETFs. But if you want to protect yourself from any crisis, physical gold.
Every time I know more people who have physical gold, the truth is that it seems to me a highly recommended insurance.
…
The post What Gold To Buy, For Starters? appeared first on Gold IRA Reviews.
[content] => Array ( [encoded] =>The simplest thing is to buy an ETF that replicates gold: for example, the GLD, or in its European version, in euros, the PHAU. In this way, you do not have to acquire and keep gold, which is a slower process, and above all, it has more costs to buy or sell.
Gold ETFs track the price of an ounce of gold, either by purchasing physical gold or by using gold-based derivative products such as futures.
And they are very easy to acquire as if they were shares, and the commissions of the company that manages them are minimal.
In fact, GLD, which is the ETF marketed by the SPDR manager, is very liquid and efficient. This is the gold price chart superimposed on the price of the GLD ETF:
The green candles are the price of the GLD ETF, and the blue line is the price of one ounce of gold. As you can see, the ETF very accurately replicates the price of gold in dollars.
I use ETFs when I want to use gold as a hedge, I don’t get more complicated.
However, there is a problem with ETFs: they are “virtual” products. I mean, you don’t really have the gold. What happens if the company goes bankrupt or scams you?
It must be said that the probability of a large ETF company, such as SPDR, Blackrock, or Vanguard, going bankrupt and losing your investment is minimal.
However, black swans do exist, and they are always unexpected.
Who would have thought, at the beginning of 2020, that there would be a global pandemic with dire consequences for the entire globe? It had never happened.
Therefore, if we want to protect our heritage with total security, we must buy bullion.
Buying physical gold
To buy bullion, you have to go to a gold-buying/selling company.
And by the way, ingots and investment gold, in general, do not have VAT. On the other hand, gold jewelry does pay VAT.
The typical shops at street level that sell and buy gold are not usually the most recommended for commissions.
There are specialized bullion companies with all kinds of gold assets that you can visit and buy in person.
There are many more. But they don’t have gold-buying and selling offices in every city.
In addition to bullion, you can buy pure gold coins, such as the famous 1-ounce Krugerrand coins, or the British or Austrian:
Although they are beautiful (if you like these things), it is not highly recommended to buy them because you pay a certain extra cost, for the numismatic value. In fact, it is also not advisable to buy very small ingots because the purchase-sale commission is a high cost.
These would be the approximate costs of buying bars of different sizes. They are average cost, it depends a bit on the provider, although the differences are not great.
As you can see, the purchase commission is very high for small bars, and it would only be accepted from 20 grams, or better, more. Although it depends: if we are talking about long-term equity investment, that cost becomes irrelevant over the years.
The problem with physical gold is that it could be stolen from you if you have it at home.
It would be a classic robbery, old as civilization itself.
Many gold sales companies offer custody services; although they are expensive services, they are only worth it for large amounts.
Although if you don’t have a lot of gold, the truth is that they are easy to hide: The 20-gram ingot measures 4 cm x 2 cm: it is like a stamp, and it is hidden anywhere: in a storage room, inside a book, which is me.
Or if you’re afraid, for little money, you buy one of those built-in safes, with 2 cm steel doors that no one can open.
I personally, who spend all day looking at the stock market, save myself the trouble of saving gold and prefer ETFs. But if you want to protect yourself from any crisis, physical gold.
Every time I know more people who have physical gold, the truth is that it seems to me a highly recommended insurance.
…The post What Gold To Buy, For Starters? appeared first on Gold IRA Reviews.
) [summary] =>The simplest thing is to buy an ETF that replicates gold: for example, the GLD, or in its European version, in euros, the PHAU. In this way, you do not have to acquire and keep gold, which is a slower process, and above all, it has more costs to buy or sell.
Gold ETFs track the price of an ounce of gold, either by purchasing physical gold or by using gold-based derivative products such as futures.
And they are very easy to acquire as if they were shares, and the commissions of the company that manages them are minimal.
In fact, GLD, which is the ETF marketed by the SPDR manager, is very liquid and efficient. This is the gold price chart superimposed on the price of the GLD ETF:
The green candles are the price of the GLD ETF, and the blue line is the price of one ounce of gold. As you can see, the ETF very accurately replicates the price of gold in dollars.
I use ETFs when I want to use gold as a hedge, I don’t get more complicated.
However, there is a problem with ETFs: they are “virtual” products. I mean, you don’t really have the gold. What happens if the company goes bankrupt or scams you?
It must be said that the probability of a large ETF company, such as SPDR, Blackrock, or Vanguard, going bankrupt and losing your investment is minimal.
However, black swans do exist, and they are always unexpected.
Who would have thought, at the beginning of 2020, that there would be a global pandemic with dire consequences for the entire globe? It had never happened.
Therefore, if we want to protect our heritage with total security, we must buy bullion.
Buying physical gold
To buy bullion, you have to go to a gold-buying/selling company.
And by the way, ingots and investment gold, in general, do not have VAT. On the other hand, gold jewelry does pay VAT.
The typical shops at street level that sell and buy gold are not usually the most recommended for commissions.
There are specialized bullion companies with all kinds of gold assets that you can visit and buy in person.
There are many more. But they don’t have gold-buying and selling offices in every city.
In addition to bullion, you can buy pure gold coins, such as the famous 1-ounce Krugerrand coins, or the British or Austrian:
Although they are beautiful (if you like these things), it is not highly recommended to buy them because you pay a certain extra cost, for the numismatic value. In fact, it is also not advisable to buy very small ingots because the purchase-sale commission is a high cost.
These would be the approximate costs of buying bars of different sizes. They are average cost, it depends a bit on the provider, although the differences are not great.
As you can see, the purchase commission is very high for small bars, and it would only be accepted from 20 grams, or better, more. Although it depends: if we are talking about long-term equity investment, that cost becomes irrelevant over the years.
The problem with physical gold is that it could be stolen from you if you have it at home.
It would be a classic robbery, old as civilization itself.
Many gold sales companies offer custody services; although they are expensive services, they are only worth it for large amounts.
Although if you don’t have a lot of gold, the truth is that they are easy to hide: The 20-gram ingot measures 4 cm x 2 cm: it is like a stamp, and it is hidden anywhere: in a storage room, inside a book, which is me.
Or if you’re afraid, for little money, you buy one of those built-in safes, with 2 cm steel doors that no one can open.
I personally, who spend all day looking at the stock market, save myself the trouble of saving gold and prefer ETFs. But if you want to protect yourself from any crisis, physical gold.
Every time I know more people who have physical gold, the truth is that it seems to me a highly recommended insurance.
…
The post What Gold To Buy, For Starters? appeared first on Gold IRA Reviews.
[atom_content] =>The simplest thing is to buy an ETF that replicates gold: for example, the GLD, or in its European version, in euros, the PHAU. In this way, you do not have to acquire and keep gold, which is a slower process, and above all, it has more costs to buy or sell.
Gold ETFs track the price of an ounce of gold, either by purchasing physical gold or by using gold-based derivative products such as futures.
And they are very easy to acquire as if they were shares, and the commissions of the company that manages them are minimal.
In fact, GLD, which is the ETF marketed by the SPDR manager, is very liquid and efficient. This is the gold price chart superimposed on the price of the GLD ETF:
The green candles are the price of the GLD ETF, and the blue line is the price of one ounce of gold. As you can see, the ETF very accurately replicates the price of gold in dollars.
I use ETFs when I want to use gold as a hedge, I don’t get more complicated.
However, there is a problem with ETFs: they are “virtual” products. I mean, you don’t really have the gold. What happens if the company goes bankrupt or scams you?
It must be said that the probability of a large ETF company, such as SPDR, Blackrock, or Vanguard, going bankrupt and losing your investment is minimal.
However, black swans do exist, and they are always unexpected.
Who would have thought, at the beginning of 2020, that there would be a global pandemic with dire consequences for the entire globe? It had never happened.
Therefore, if we want to protect our heritage with total security, we must buy bullion.
Buying physical gold
To buy bullion, you have to go to a gold-buying/selling company.
And by the way, ingots and investment gold, in general, do not have VAT. On the other hand, gold jewelry does pay VAT.
The typical shops at street level that sell and buy gold are not usually the most recommended for commissions.
There are specialized bullion companies with all kinds of gold assets that you can visit and buy in person.
There are many more. But they don’t have gold-buying and selling offices in every city.
In addition to bullion, you can buy pure gold coins, such as the famous 1-ounce Krugerrand coins, or the British or Austrian:
Although they are beautiful (if you like these things), it is not highly recommended to buy them because you pay a certain extra cost, for the numismatic value. In fact, it is also not advisable to buy very small ingots because the purchase-sale commission is a high cost.
These would be the approximate costs of buying bars of different sizes. They are average cost, it depends a bit on the provider, although the differences are not great.
As you can see, the purchase commission is very high for small bars, and it would only be accepted from 20 grams, or better, more. Although it depends: if we are talking about long-term equity investment, that cost becomes irrelevant over the years.
The problem with physical gold is that it could be stolen from you if you have it at home.
It would be a classic robbery, old as civilization itself.
Many gold sales companies offer custody services; although they are expensive services, they are only worth it for large amounts.
Although if you don’t have a lot of gold, the truth is that they are easy to hide: The 20-gram ingot measures 4 cm x 2 cm: it is like a stamp, and it is hidden anywhere: in a storage room, inside a book, which is me.
Or if you’re afraid, for little money, you buy one of those built-in safes, with 2 cm steel doors that no one can open.
I personally, who spend all day looking at the stock market, save myself the trouble of saving gold and prefer ETFs. But if you want to protect yourself from any crisis, physical gold.
Every time I know more people who have physical gold, the truth is that it seems to me a highly recommended insurance.
…The post What Gold To Buy, For Starters? appeared first on Gold IRA Reviews.
) [3] => Array ( [title] => Gold Is The Best Protection Against The Loss Of Purchasing Power Of Our Savings. [link] => https://irareviews.gold/gold-is-the-best-protection-against-the-loss-of-purchasing-power-of-our-savings/ [dc] => Array ( [creator] => Michael Matthews ) [pubdate] => Thu, 01 Dec 2022 10:35:32 +0000 [category] => Invest In Gold [guid] => https://irareviews.gold/?p=28 [description] =>We have all heard someone who does not trust banks say that “savings are better under the mattress.” But this is not the best solution for our money, for a very simple reason: the loss of its purchasing power.
What does this mean? Let’s look at an example: in 2002, the euro came into force as the single currency of the European monetary union. In those days, a cart with a week’s worth of groceries in a supermarket cost us an amount that, today, only allows us a small purchase for two or three days. That is the effect caused by the loss of purchasing power of money.
The question is: is there a way to prevent this from happening? Let’s see another example: if at the beginning of that same year we had invested 1,000 euros in gold (which was trading at around 308 euros per ounce), at the beginning of 2018, we would have no less than 3,537 euros, 3.5 times more.
Invest in gold only for the rich?
As Gabriel Ruiz explained to those attending his conference, “investment in gold is no longer the patrimony of the richest. Before, only large ingots were made, weighing more than one kilo, which was unaffordable for most pockets. Now it is possible to start investing in ingots from 1 gram, certified and with the Good Delivery seal, as a way of preparing for retirement”.
This investment in small gold bars and coins is common in countries like Germany, France, or Italy (other large gold hoarders for their national reserves).
The United States deserves special mention, as it has the largest gold reserves (8,133.5 tons, representing almost 75% of its foreign currency reserves). In this country, for many years, there have been retirement plans that invest 100% in precious metals and benefit from significant revaluations.
Round the calculation of the retirement pension with gold
In a context where the Social Security Reserve Fund has seen its resources depleted in recent years, an imminent loss of pensioners’ purchasing power is envisioned.
The pension reform introduced in 2013, the decrease in contributions, and the increase in life expectancy paint an uncertain outlook for those who are waiting for their well-deserved pension. Against this background, saving in gold emerges as a convenient and profitable option in the midst of the crisis.
Current situation of the fund for pensioners
The discussion on the reform focuses on the decoupling that it poses between the growth of the CPI and the revaluation of pensions, which poses a decline in purchasing power.
The fact is that the Reserve Fund, which was created in the boom years to provide support in times of tightness, has been emptying since the start of the crisis, which can be summed up as a situation where there has been less income and more expenses. This has occurred in a scenario with 9 million pensioners, in combination with a greater number of unemployed, an aging population, and a complex political situation.
Thus, while decisions are made and measures are adopted, several specialists have recommended promoting savings and investment as a form of complementary private contribution, aimed at ensuring a stable retirement regardless of economic crises.
Thus, saving in physical gold is a safe way to protect savings and diversify investments in the midst of marked uncertainty about the economic future of retirees. Thus, the security of this can be reinforced with the acquisition of gold bars or by investing in gold coins.
…
The post Gold Is The Best Protection Against The Loss Of Purchasing Power Of Our Savings. appeared first on Gold IRA Reviews.
[content] => Array ( [encoded] =>We have all heard someone who does not trust banks say that “savings are better under the mattress.” But this is not the best solution for our money, for a very simple reason: the loss of its purchasing power.
What does this mean? Let’s look at an example: in 2002, the euro came into force as the single currency of the European monetary union. In those days, a cart with a week’s worth of groceries in a supermarket cost us an amount that, today, only allows us a small purchase for two or three days. That is the effect caused by the loss of purchasing power of money.
The question is: is there a way to prevent this from happening? Let’s see another example: if at the beginning of that same year we had invested 1,000 euros in gold (which was trading at around 308 euros per ounce), at the beginning of 2018, we would have no less than 3,537 euros, 3.5 times more.
Invest in gold only for the rich?
As Gabriel Ruiz explained to those attending his conference, “investment in gold is no longer the patrimony of the richest. Before, only large ingots were made, weighing more than one kilo, which was unaffordable for most pockets. Now it is possible to start investing in ingots from 1 gram, certified and with the Good Delivery seal, as a way of preparing for retirement”.
This investment in small gold bars and coins is common in countries like Germany, France, or Italy (other large gold hoarders for their national reserves).
The United States deserves special mention, as it has the largest gold reserves (8,133.5 tons, representing almost 75% of its foreign currency reserves). In this country, for many years, there have been retirement plans that invest 100% in precious metals and benefit from significant revaluations.
Round the calculation of the retirement pension with gold
In a context where the Social Security Reserve Fund has seen its resources depleted in recent years, an imminent loss of pensioners’ purchasing power is envisioned.
The pension reform introduced in 2013, the decrease in contributions, and the increase in life expectancy paint an uncertain outlook for those who are waiting for their well-deserved pension. Against this background, saving in gold emerges as a convenient and profitable option in the midst of the crisis.
Current situation of the fund for pensioners
The discussion on the reform focuses on the decoupling that it poses between the growth of the CPI and the revaluation of pensions, which poses a decline in purchasing power.
The fact is that the Reserve Fund, which was created in the boom years to provide support in times of tightness, has been emptying since the start of the crisis, which can be summed up as a situation where there has been less income and more expenses. This has occurred in a scenario with 9 million pensioners, in combination with a greater number of unemployed, an aging population, and a complex political situation.
Thus, while decisions are made and measures are adopted, several specialists have recommended promoting savings and investment as a form of complementary private contribution, aimed at ensuring a stable retirement regardless of economic crises.
Thus, saving in physical gold is a safe way to protect savings and diversify investments in the midst of marked uncertainty about the economic future of retirees. Thus, the security of this can be reinforced with the acquisition of gold bars or by investing in gold coins.
…The post Gold Is The Best Protection Against The Loss Of Purchasing Power Of Our Savings. appeared first on Gold IRA Reviews.
) [summary] =>We have all heard someone who does not trust banks say that “savings are better under the mattress.” But this is not the best solution for our money, for a very simple reason: the loss of its purchasing power.
What does this mean? Let’s look at an example: in 2002, the euro came into force as the single currency of the European monetary union. In those days, a cart with a week’s worth of groceries in a supermarket cost us an amount that, today, only allows us a small purchase for two or three days. That is the effect caused by the loss of purchasing power of money.
The question is: is there a way to prevent this from happening? Let’s see another example: if at the beginning of that same year we had invested 1,000 euros in gold (which was trading at around 308 euros per ounce), at the beginning of 2018, we would have no less than 3,537 euros, 3.5 times more.
Invest in gold only for the rich?
As Gabriel Ruiz explained to those attending his conference, “investment in gold is no longer the patrimony of the richest. Before, only large ingots were made, weighing more than one kilo, which was unaffordable for most pockets. Now it is possible to start investing in ingots from 1 gram, certified and with the Good Delivery seal, as a way of preparing for retirement”.
This investment in small gold bars and coins is common in countries like Germany, France, or Italy (other large gold hoarders for their national reserves).
The United States deserves special mention, as it has the largest gold reserves (8,133.5 tons, representing almost 75% of its foreign currency reserves). In this country, for many years, there have been retirement plans that invest 100% in precious metals and benefit from significant revaluations.
Round the calculation of the retirement pension with gold
In a context where the Social Security Reserve Fund has seen its resources depleted in recent years, an imminent loss of pensioners’ purchasing power is envisioned.
The pension reform introduced in 2013, the decrease in contributions, and the increase in life expectancy paint an uncertain outlook for those who are waiting for their well-deserved pension. Against this background, saving in gold emerges as a convenient and profitable option in the midst of the crisis.
Current situation of the fund for pensioners
The discussion on the reform focuses on the decoupling that it poses between the growth of the CPI and the revaluation of pensions, which poses a decline in purchasing power.
The fact is that the Reserve Fund, which was created in the boom years to provide support in times of tightness, has been emptying since the start of the crisis, which can be summed up as a situation where there has been less income and more expenses. This has occurred in a scenario with 9 million pensioners, in combination with a greater number of unemployed, an aging population, and a complex political situation.
Thus, while decisions are made and measures are adopted, several specialists have recommended promoting savings and investment as a form of complementary private contribution, aimed at ensuring a stable retirement regardless of economic crises.
Thus, saving in physical gold is a safe way to protect savings and diversify investments in the midst of marked uncertainty about the economic future of retirees. Thus, the security of this can be reinforced with the acquisition of gold bars or by investing in gold coins.
…
The post Gold Is The Best Protection Against The Loss Of Purchasing Power Of Our Savings. appeared first on Gold IRA Reviews.
[atom_content] =>We have all heard someone who does not trust banks say that “savings are better under the mattress.” But this is not the best solution for our money, for a very simple reason: the loss of its purchasing power.
What does this mean? Let’s look at an example: in 2002, the euro came into force as the single currency of the European monetary union. In those days, a cart with a week’s worth of groceries in a supermarket cost us an amount that, today, only allows us a small purchase for two or three days. That is the effect caused by the loss of purchasing power of money.
The question is: is there a way to prevent this from happening? Let’s see another example: if at the beginning of that same year we had invested 1,000 euros in gold (which was trading at around 308 euros per ounce), at the beginning of 2018, we would have no less than 3,537 euros, 3.5 times more.
Invest in gold only for the rich?
As Gabriel Ruiz explained to those attending his conference, “investment in gold is no longer the patrimony of the richest. Before, only large ingots were made, weighing more than one kilo, which was unaffordable for most pockets. Now it is possible to start investing in ingots from 1 gram, certified and with the Good Delivery seal, as a way of preparing for retirement”.
This investment in small gold bars and coins is common in countries like Germany, France, or Italy (other large gold hoarders for their national reserves).
The United States deserves special mention, as it has the largest gold reserves (8,133.5 tons, representing almost 75% of its foreign currency reserves). In this country, for many years, there have been retirement plans that invest 100% in precious metals and benefit from significant revaluations.
Round the calculation of the retirement pension with gold
In a context where the Social Security Reserve Fund has seen its resources depleted in recent years, an imminent loss of pensioners’ purchasing power is envisioned.
The pension reform introduced in 2013, the decrease in contributions, and the increase in life expectancy paint an uncertain outlook for those who are waiting for their well-deserved pension. Against this background, saving in gold emerges as a convenient and profitable option in the midst of the crisis.
Current situation of the fund for pensioners
The discussion on the reform focuses on the decoupling that it poses between the growth of the CPI and the revaluation of pensions, which poses a decline in purchasing power.
The fact is that the Reserve Fund, which was created in the boom years to provide support in times of tightness, has been emptying since the start of the crisis, which can be summed up as a situation where there has been less income and more expenses. This has occurred in a scenario with 9 million pensioners, in combination with a greater number of unemployed, an aging population, and a complex political situation.
Thus, while decisions are made and measures are adopted, several specialists have recommended promoting savings and investment as a form of complementary private contribution, aimed at ensuring a stable retirement regardless of economic crises.
Thus, saving in physical gold is a safe way to protect savings and diversify investments in the midst of marked uncertainty about the economic future of retirees. Thus, the security of this can be reinforced with the acquisition of gold bars or by investing in gold coins.
…The post Gold Is The Best Protection Against The Loss Of Purchasing Power Of Our Savings. appeared first on Gold IRA Reviews.
) [4] => Array ( [title] => The Stock Market Against Precious Metals. Which Is Stronger? [link] => https://irareviews.gold/the-stock-market-against-precious-metals-which-is-stronger/ [dc] => Array ( [creator] => Michael Matthews ) [pubdate] => Thu, 01 Dec 2022 10:34:29 +0000 [category] => Gold Price [guid] => https://irareviews.gold/?p=27 [description] =>First, before embarking on real-time gold price analysis, you need to understand how gold trades on the stock exchange and what determines its price in the market.
Like all assets listed on financial markets, the value of gold is determined solely by the supply and demand mechanism in the world market for this product. In fact, in this market, orders to buy and sell gold are issued constantly, and these orders define supply and demand.
Thus, strong demand and weak supply will cause the price of an ounce of gold to rise, while weak demand and strong supply will cause it to fall.
Here it is also important to understand the auction price of gold. It is a daily procedure that sets the reference price for gold by comparing supply and demand so that as many transactions as possible can be made.
This considers buyers and sellers and the size of their orders. Therefore, the auction price clearly measures the supply and demand for gold in the centralized global market.
Financial markets are cyclical, with capital investment flowing from silver and gold to the banknote and vice versa.
Globally, investors prefer to hold their funds in the form of precious metals, especially when a state’s economy is poor, during crises, wars, defaults, and when there is no confidence in the stock markets.
During conventional economic stability, investors prefer the values of such metals and invest in the stock market. The United States is considered one of the largest holders of gold reserves, and its stock market is considered the largest in the world.
Let’s consider the interrelationship between these markets. To understand the precious metals market, discover its main differences concerning other instruments known in the world financial markets, leaning towards the weekly Down Jones graph against a “basket” of equal parts of gold and silver.
The value of all shares in a portfolio is automatically converted to US dollars, which makes it possible to buy it with portfolios, automatically creating a new financial unit – a PCI (Personal Composite Instrument).
The new deep bottom was in the middle of 2011. With a high probability, it can be said that the downward cycle ended at this point, and now we can see a change and the beginning of the next great cyclical market. And interestingly, this occurs against the backdrop of new highs, DJI records, and a deep correction in the gold and silver markets.
…
The post The Stock Market Against Precious Metals. Which Is Stronger? appeared first on Gold IRA Reviews.
[content] => Array ( [encoded] =>First, before embarking on real-time gold price analysis, you need to understand how gold trades on the stock exchange and what determines its price in the market.
Like all assets listed on financial markets, the value of gold is determined solely by the supply and demand mechanism in the world market for this product. In fact, in this market, orders to buy and sell gold are issued constantly, and these orders define supply and demand.
Thus, strong demand and weak supply will cause the price of an ounce of gold to rise, while weak demand and strong supply will cause it to fall.
Here it is also important to understand the auction price of gold. It is a daily procedure that sets the reference price for gold by comparing supply and demand so that as many transactions as possible can be made.
This considers buyers and sellers and the size of their orders. Therefore, the auction price clearly measures the supply and demand for gold in the centralized global market.
Financial markets are cyclical, with capital investment flowing from silver and gold to the banknote and vice versa.
Globally, investors prefer to hold their funds in the form of precious metals, especially when a state’s economy is poor, during crises, wars, defaults, and when there is no confidence in the stock markets.
During conventional economic stability, investors prefer the values of such metals and invest in the stock market. The United States is considered one of the largest holders of gold reserves, and its stock market is considered the largest in the world.
Let’s consider the interrelationship between these markets. To understand the precious metals market, discover its main differences concerning other instruments known in the world financial markets, leaning towards the weekly Down Jones graph against a “basket” of equal parts of gold and silver.
The value of all shares in a portfolio is automatically converted to US dollars, which makes it possible to buy it with portfolios, automatically creating a new financial unit – a PCI (Personal Composite Instrument).
The new deep bottom was in the middle of 2011. With a high probability, it can be said that the downward cycle ended at this point, and now we can see a change and the beginning of the next great cyclical market. And interestingly, this occurs against the backdrop of new highs, DJI records, and a deep correction in the gold and silver markets.
…The post The Stock Market Against Precious Metals. Which Is Stronger? appeared first on Gold IRA Reviews.
) [summary] =>First, before embarking on real-time gold price analysis, you need to understand how gold trades on the stock exchange and what determines its price in the market.
Like all assets listed on financial markets, the value of gold is determined solely by the supply and demand mechanism in the world market for this product. In fact, in this market, orders to buy and sell gold are issued constantly, and these orders define supply and demand.
Thus, strong demand and weak supply will cause the price of an ounce of gold to rise, while weak demand and strong supply will cause it to fall.
Here it is also important to understand the auction price of gold. It is a daily procedure that sets the reference price for gold by comparing supply and demand so that as many transactions as possible can be made.
This considers buyers and sellers and the size of their orders. Therefore, the auction price clearly measures the supply and demand for gold in the centralized global market.
Financial markets are cyclical, with capital investment flowing from silver and gold to the banknote and vice versa.
Globally, investors prefer to hold their funds in the form of precious metals, especially when a state’s economy is poor, during crises, wars, defaults, and when there is no confidence in the stock markets.
During conventional economic stability, investors prefer the values of such metals and invest in the stock market. The United States is considered one of the largest holders of gold reserves, and its stock market is considered the largest in the world.
Let’s consider the interrelationship between these markets. To understand the precious metals market, discover its main differences concerning other instruments known in the world financial markets, leaning towards the weekly Down Jones graph against a “basket” of equal parts of gold and silver.
The value of all shares in a portfolio is automatically converted to US dollars, which makes it possible to buy it with portfolios, automatically creating a new financial unit – a PCI (Personal Composite Instrument).
The new deep bottom was in the middle of 2011. With a high probability, it can be said that the downward cycle ended at this point, and now we can see a change and the beginning of the next great cyclical market. And interestingly, this occurs against the backdrop of new highs, DJI records, and a deep correction in the gold and silver markets.
…
The post The Stock Market Against Precious Metals. Which Is Stronger? appeared first on Gold IRA Reviews.
[atom_content] =>First, before embarking on real-time gold price analysis, you need to understand how gold trades on the stock exchange and what determines its price in the market.
Like all assets listed on financial markets, the value of gold is determined solely by the supply and demand mechanism in the world market for this product. In fact, in this market, orders to buy and sell gold are issued constantly, and these orders define supply and demand.
Thus, strong demand and weak supply will cause the price of an ounce of gold to rise, while weak demand and strong supply will cause it to fall.
Here it is also important to understand the auction price of gold. It is a daily procedure that sets the reference price for gold by comparing supply and demand so that as many transactions as possible can be made.
This considers buyers and sellers and the size of their orders. Therefore, the auction price clearly measures the supply and demand for gold in the centralized global market.
Financial markets are cyclical, with capital investment flowing from silver and gold to the banknote and vice versa.
Globally, investors prefer to hold their funds in the form of precious metals, especially when a state’s economy is poor, during crises, wars, defaults, and when there is no confidence in the stock markets.
During conventional economic stability, investors prefer the values of such metals and invest in the stock market. The United States is considered one of the largest holders of gold reserves, and its stock market is considered the largest in the world.
Let’s consider the interrelationship between these markets. To understand the precious metals market, discover its main differences concerning other instruments known in the world financial markets, leaning towards the weekly Down Jones graph against a “basket” of equal parts of gold and silver.
The value of all shares in a portfolio is automatically converted to US dollars, which makes it possible to buy it with portfolios, automatically creating a new financial unit – a PCI (Personal Composite Instrument).
The new deep bottom was in the middle of 2011. With a high probability, it can be said that the downward cycle ended at this point, and now we can see a change and the beginning of the next great cyclical market. And interestingly, this occurs against the backdrop of new highs, DJI records, and a deep correction in the gold and silver markets.
…The post The Stock Market Against Precious Metals. Which Is Stronger? appeared first on Gold IRA Reviews.
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