Gold, silver, and platinum have a rich history. Many cultures worldwide have used these precious metals as currency and a store of value for centuries. Today, they offer a safe backing for global currencies and personal wealth.
Whether you are a new investor or a seasoned pro looking for a tried-and-tested investment option, we recommend buying bullion. Here are our top three reasons:
- Hedge against inflation and deflation. During high inflation or deflation periods, stocks and other investment portfolios tend to become very volatile. This can be risky because you could take a huge financial loss at any moment. In such circumstances, the best thing to do is to buy bullion, which is more stable and not subject to high inflation or deflation.
- Wealth preservation. The biggest problem with paper currency is that it loses value in the long term. So, if you’re looking to save for the future, it might not be worth putting money in the bank. Instead, consider buying bullion. The price of gold, for instance, has increased by about 360% in the last 30 years. So, if you purchased $100,000 worth of gold bullion 3 decades ago, it would currently be worth $360,000!
- High liquidity. Bullion is just like currency – it’s trusted and easy to trade. It also does not require much red tape other than proof of ownership. Plus, numerous banks and certified gold dealers like us are always willing to buy bullion for a good price.
If you want to buy bullion as an investment, visit our Greensboro, North Carolina store today. We sell gold, silver, and platinum bullion at fair prices.