Invest In Gold
If you want to invest in gold, then I highly recommend you start learning about investing in gold specifically, and all about this incredible precious metal right now because this is the time to invest as it will allow you to make a lot of money while the trend is still positive.
One of the main reasons why people invest in gold during a down economy is because it helps them hedge their bets against inflation, and it retains it’s purchasing power.
For instance the value of one ounce of gold was worth $20 way back then, and is around $1600 now. Back then, $20 would have gotten the same amount of merchandise as $1600 will today. So over the long haul, forgetting these short term spikes and dips, gold remains unchanged, and the dollar is losing it’s value.
You can see this evidence by some national decisions made by large nations in their acquisitions of gold.
Another excellent reason to invest in gold right now is the fact that this commodity is seriously on the rise and it doesn’t appear that it’s going to be stopping anytime soon.
For one reason or another, our gold supply is steadily dwindling and the mining companies just aren’t finding as much gold as they used to.
So owning a commodity that is in high demand and relatively scarce is certainly a good move to make. So do yourself a favor and invest in gold as soon as you have the opportunity to do so.
For further reading on investing in gold:
I highly suggest you watch this video, as it is very enlightening with how the value of gold has been sustained throughout the course of history, with illustrations of what you could do with one ounce of gold in 1900, and how it’s nearly identical today as aforementioned, whereas the fluctuations of the US currency have been nothing less then massively erratic, and continually downwards.
Interestingly, notice how they move in opposite directions in direct proportion with each other. That isn’t the value of gold increasing, that is the value of the dollar decreasing.
You can tangibly get a feel for how the evacuation of the Bretton Woods Exchange in 1971 and having a Fiat currency sent waves through the economy that are felt still to this day, exponentially.
Had you invested $100,000 in gold in 1971, you’d be resting on around half a million dollars worth of gold today.