It makes sense that as the cost of consumer goods rises, there is a corresponding decrease in the purchasing power of your currency. In economic parlance, this is inflation and government data indicates clearly that American consumers are paying more for good and services today than in the recent past. In this environment, it is imperative to investigate and make the best choices about how to invest your hard-earned dollars.
Gold has long been a solid hedge against inflation. As inflation aggressively rises, your own dollars become increasingly less valuable. Many paper-based investments, such as stocks, bonds, and mutual funds, feel the effects of inflation. Gold, however, remains a solid, real-world asset that can hedge the ill-effects of inflation.
Gold cannot be artificially created and is an excellent safeguard against irresponsible economic actions of governments. Additionally, gold as real use, being used in many advanced technologies, including high-end electronics that are in demand worldwide. Consequently, gold has intrinsic value and demands your attention if you want to safeguard your investments.
Retirement planning has traditionally focused on pensions and the stock market. As economic conditions deteriorate, we see pensions being eliminated while corruption and mismanagement shakes the foundation of the stock market. In 2008, we saw thousands of families lose their life savings in the stock market; those same people would be on a more secure financial foundation if they’d hedged their retirement on gold. If you have aspirations to retire with your hard-earned assets still working for you, then you must determine how to add gold to your portfolio.
Source: Regal Assets