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WHY YOU SHOULD BUY GOLD NOW

Buying and investing in Gold is considered one of the safest types of investment since time immemorial. If you are looking for an investment that can withstand economic inflation and political tensions, Gold is definitely your best bet!

 

The Most Durable Element

Here is a quick trivia for you: the majority of chemicals and elements break down when it is submerged in seawater. This includes popular metals such as Silver, Zinc, Copper, and Iron. When these elements are exposed to seawater, they get in contact with oxygen which eventually exposes them to rust and damage.

Gold, on the other hand, does not succumb to rust. It would take high pressure and temperature to break down the compounds of Gold. It is one of the most durable elements found on Earth. In fact, almost all Gold that was mined up to this day is still around. That sums up to around 187,200 metric tons – according to the World Gold Council.

 

Money – Scraps of Paper

The value of Gold is not interconnected with the economic conditions of a certain country or the global market for that matter. This is in contrast with money. As everyone knows, money is just a scrap of paper. However, it has value because we agree with a systematic valuation of such money.

The value of money can increase or decrease due to changes in economic and market conditions. Gold, however, cannot lose its value. Due to its appearance and utility, it remains to be the best choice when investors hedge their bets against paper money or currencies. Why do you think central banks acquire Gold? Because these entities want to ensure economic survival! So if banks need them, why won’t you?

We’ll tell you more about investing in gold and gold-based assets right here.

 

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