If you’re looking for a new investment this year, now might be the
perfect time to think about investing in gold and silver. Market experts are
adamant that the prices of both gold and silver will rise sharply before the
year is out, leading to massive profit potential for investors. However, that’s
not the only reason why you should be interested in this type of investment.
Added
Security
Investing in gold and silver provides security for investors. The
reasons for this are simple. Gold and silver are investments that you can touch
and hold in your hand, and as such, there is no way that a technical error or
banking mistake could take them away from you. This is one of the reasons why
investors often describe precious metals as the one true form of currency. You
will often see financial experts buy into gold and silver when they expect the
economy to take a turn for the worst.
Expert investors are keen to make sure that when the economy does fail,
they have a source of capital that they can depend on.
The Right
Price
The price is currently right to invest in gold and silver. It’s lower
than it should be and you can get fantastic deals on investment bundles or even
single bars if you purchase somewhere like Bullion For Less. Right now you will
spend a lot less than the gold or silver that you’re buying is actually worth,
so with the expected rise in prices on the horizon, your potential for profit
is absolutely massive. Gold prices are expected to rise to $1,260 troy ounce by
the time the year is out.
A Loss of
Faith
The general rule is that gold and silver do well on the market when
other investments are doing poorly. Or, when people lose their faith in the
banks. This could start to happen again as early as next year with Forbes
predicting that various economic downturns could lead to a global recession
before the end of 2018. While that might sound rather bleak, it will make gold
and silver investments made this year incredibly valuable.
Global Demand
To stay rich in the modern market or make a lot of money you have to
look to economies with huge growth rates. In 2017 that means India and China,
both of which are showing an increased interest in gold and other precious
metals. Demand for gold rose in China by 32 percent several years ago. Meanwhile,
India saw a 13 percent rise in demand for the precious metals. Since gold can
be sold and traded globally, there is nothing stopping new investors
capitalising on this growing demand.
You Can
Decide How You Buy
With fresh investment options on the market, you can now decide how you
buy gold and silver and what type of investment you want. You can even store
your gold and silver bullion and coins with specialist companies such as
Cardiff Safe Deposit who offer state of the art safe deposit facilities. This
means that you will not need to worry about the risk of storing it in your
home.
As such, there has never been a better time to
invest in gold and silver. At Bullion For Less you will find friendly and
helpful staff who will be happy to guide you through the process of investing
in silver and gold so either give us a ring or pop into our offices for some
advice!
