Why Invest in Gold?
Of all the precious metals, gold is the most popular as an investment. Investors generally buy gold as a hedge or harbor against economic, political, or social fiat currency crises (including investment market declines, burgeoning national debt, currency failure, inflation, war and social unrest). The gold market is subject to speculation as are other markets, especially through the use of futures contracts and derivatives. The history of the gold standard, the role of gold reserves in central banking, gold's low correlation with other commodity prices, and its pricing in relation to fiat currencies during the 2007–2012 global financial crisis, suggest that gold behaves more like a currency than a commodity.
- Gold is the only money that has never failed in the 5,000 year history of its use by humans.
- Currently, there is only enough investment-grade gold available on Earth for every living person to have 1/3rd of an ounce.
- Time and again throughout human history, gold has been revalued to account for all excess currency in circulation. Today, to account for all the U.S. dollars printed by the Federal Reserve, gold would have to be revalued at $15,000 per ounce.
- In times of crisis, gold is the safest investment that also has the greatest potential to increase your wealth.
- Gold is a completely private and anonymous investment that is also extremely portable.
- The smallest physical amount of gold one can buy is one gram. then we have tenth of an oz, 5 grams, , 1/4 oz, 1/2 oz, 1 oz.then we start on the slightly bigger pieces.
- It takes 31 1gram bar to make 1oz of gold.
- Weights such as one gram are so small that the cost of production dictates that their premium over gold content is too high for prudent investors, but they can make attractive gift items.