The Reasons You Should Buy Gold-as-investment

Buying Gold as a medium of investment needs to be understood in the right perspective

. You tend to save money for the future? If you truthfully search your conscience, why youre doing so youll get the right answer Fear about the future. Fear how youll be left stranded, when you need money in bulk, for any good or bad reason. Good reasons are positive like sons education, buying a house in the suburban area and settling down, daughters getting married to good alliances etc. Bad reasons are negative - accidents or illnesses that cause you unforeseen expenses.

This is an evident mind-set for people all over the world, to save money. While the objective is fine, the method or medium of saving your hard-earned money should be profitable and lend you a helping hand, at the time of need. Right at the very first instance, people choose the easiest way of leaving their surplus funds in the banks. Blissfully they are in the belief that the bank balance will come to help them say five years from now when they have commitments coming up like son going to further studies in University.

But they often forget there is completely no safety or growth for keeping the money as currency, or worse still as digital numbers in the bank accounts. In direct contrast, if you expand your knowledge about Gold and its solid value addition year after year, certainly youll be thinking twice.

You need not be a financial expert to know the price of Gold is increasing constantly. Just for your info, as on 8th June 2012 the price of Solid Gold in Gold Bars is reported to be $1599.97 per ounce. The price fluctuation is steadily upward from what it was on 8th May 2012 at 1540.03 per ounce. If you take the last 5 years the price of Gold Bars on Monday, 5th March 2007 it was just $632 per ounce. It needs no arithmetical genius, to calculate how much your money would have grown, if you had bought and kept in safe Gold Bars worth mere 200 ounces then.

It would be very interesting to know some amusing statistics about why Gold Bars are considered a rare commodity, against paper currencies. In the last several decades so far, only 160,000 Tonnes of Gold has been derived from under the Earth. Annually a meager quantity of 2,600 Tonnes about 1.6% is getting added to this stock. Whereas the demand for Buying Gold by various National Governments of the world is many times more, making Gold a rarest of commodities as replacement for Paper Money.

Now that it has become so easy for you to Buy Gold, to convert your Cash for Gold just by the click of your computer mouse, all the good and valid reasons of Buying Gold as investments like increasing value, solid stocking, easy convertibility into cash, availability in various sizes and weight of Gold Bars or Gold Coins to suit your Budget etc. are worth considering. These reasons are really worth weighing Gold, thinking of your future commitments, met casually and in a care-free manner.

by: bullionstore

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