5 Reasons to Invest in Gold in Australia
Reason 1: Gold Will Always Have Value
On the other hand, as a commodity, gold will always have value. It cannot default nor can it go bankrupt which makes it an excellent safe haven against fluctuations in the financial market and even economic disturbances.
Reason 2: Gold is a Good Hedge for Your Portfolio
In fact according to the largest hedge fund in the world, Bridgewater Associates LP, if you want to be smart in your investments then you should hold 5 to 10 percent of your portfolio in gold to hedge against political risk.
In an interview with the Business Insider, the founder of Bridgewater Associates, Ray Dalio explained that, “…the best way to structure a portfolio is to have the right kind of balance in your portfolio, and some amount of gold. Gold serves a purpose. It is first of all, a diversifier against other assets.”
Reason 3: Gold has a Limited Supply
Since there is a limited supply of gold, its price is likely to rise in the coming years as demand for it increases as well. If you’re looking for a long-term investment that is highly liquid then gold is the best choice for you.
Reason 4: Gold Retains Its Purchasing Power
Reason 5: Gold is a Universal Currency
Wherever you go in the world, having gold means having money which means your wealth is not tied to standard fiat currencies.
A Top-Notch Gold Storage Solution
My background involves the ownership of many businesses including owning and running multiple Chiropractic offices but mainly focused in Nerang on the Gold Coast for 30 Years.
I have a passion for accumulating and holding Bullion and have done so for many years. My extensive Business skills and Bullion knowledge makes it easy to assist others buying, selling and storing their Bullion.
Peter and Cassie work together to assist anyone from the experienced Bullion Investors to the complete novice. They are here to answer any questions to help you.