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7 Reasons why you should invest in gold coins and best source to buy them
7 Reasons why you should invest in gold coins and best source to buy them
1-the gold density is very high , where you can collect all your wealth and all your family wealth in one suitcase , Imagine if you choose to convert your wealth to rice , you may need 5 trucks to store your wealth , you will need this advantage in environmental crisis or wars , where you will need to run away with all your wealth in your pocket and you will be free.
2- the gold is the best investment because it’s an inert metal , it never rust , it never damaged , it’s lust forever and it can be heritage to more than one generation . unlike other metals wish always attacked by corrosion
3- anyone at anytime at anywhere can calculate the value of the gold and this privilege is not found in any other commodity like houses or cars ,,, etc
4- any country can print as much money as they wish , but no person or even country can increase the gold production except in very low rates , so this make the demand on the gold very high and the offered is always law , so the gold value will never go down at sudden unless there are tens of gold mines discovered at once and this is nearly impossible
5- gold price is constant or increasing , if you bought any other product when you sell it you will sell it as a second hand so its value will decrease , gold value never go down with time usually its price is always rising
6- gold is used in every country in the world , all the countries keep hold as a strategic reserve . and it’s used in jewelry and other industry related to technology andh gps and medical uses like heart support devices , is there any currency i the world can do all this ???
7- the industrial uses of gold are very limited , that’s means it’s value will be controlled by offer ad demand not by stock value. so it’s value will always remain stable
My grandfather left me a couple of American Gold Eagle coins that were given to him by his father. I like what you said about how gold never depreciates, and thus, a good investment that can be passed from one generation to another. When I find a reputable gold buyer in my area to assess the worth of the gold coins, I’ll talk to my parents if they’d rather I keep it to pass on to my children or sell it now.
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Gold and other hard metals have consistently been a respected piece of conventional speculation plans.
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