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Watch this video to learn why you should invest in gold bullion.
SUMMARY
➢The current ratio of the price of gold to silver is 63:1 whereas the historic ratio was 15:1.
➢Gold is considered a safe haven asset investment.
➢Silver is seen as an industrial metal but it is also a monetary asset.
➢Gold as an investment can be used as a hedge against inflation because it cannot be manipulated by governments.
➢Gold is seen as the ultimate security and people have gravitated towards it in times of conflict.
➢In a financial crisis currencies do not have the same buying power, or are not worth what they previously were, but gold has remained a safe hard asset.
➢Indias Central Bank surprised markets by purchasing the biggest single Central Bank purchase of 6.7 billion dollars in gold from the IMF.
➢It appears that Central Banks are also looking to gold as a safe asset.
➢The IMF is planning to sell more gold this year to shore up its finances and to be able to increase lending to developing countries.
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