It may be obvious that we at Landmark Capital believe that gold is a great investment, but why do we believe that this is true? Why would we tell you that 2016 is the year to invest in gold? Well we have a list of reasons why you need diversify your portfolio and start with gold.
Reason #1: Store of Wealth
For over 6 millennia gold has been valued as money and a store of wealth. Just in the last century our government has moved away from gold and silver backing the dollar. We now use a fiat paper monetary system. However, gold has remained the most effective store of wealth and the dollar declines annually.
Reason #2: Inflation
Inflation is an increase in prices and fall in the purchasing of money. For example, until 1933, a $20 bill and a $20 gold coin were of the same value. In those years, either would buy a brand-new tailored men’s suit. Today, however, a $20 bill will no longer buy any type of suit let alone a tailored one because it is not backed by gold. At the same time a $20 gold coin is now worth $1200 and will buy you a very expensive tailored suit.
Reason #3: Protection Against Government Debt
In the last 10 years, the U.S. Government has continued to push the debt ceiling higher and higher. This debt, inherently, causes the dollar to decline. Because of this the American people are losing confidence in our ability to pay back those debts. The Federal Reserve creates more dollars and lower interest rates and Central Banks throughout the globe hold more dollars than any other currency. When they need to protect themselves, they buy gold.
Reason #4: Protects Against Bail-In
In most cases when a bail-in happens, those governments do not seize physical assets they only seize paper assets. The best way to protect yourself when a bail-in happens is to have at least some of your money in physical assets. Precious metals would be our suggestion since they are a hedge against a bail-in as well as stock market crashes.
Reason #5: Investment Benefits
Owning precious metals gives investors certain investment benefits. No other asset classes offer all of these investment benefits. Those benefits include the following:
- Certainty during uncertain times
- Growth
- Diversification
- Privacy
- Liquidity
- Protecting their retirements
- The ability to pass down wealth privately to their heirs.
Call Landmark Gold Today
Since you have now learned why you should invest in gold and you want to learn how to get your money into gold, give Landmark Capital a call today! You can reach us at 877-448-2646 or visit our Contact Us page!