Posts Tagged‘gold’

Gold Is the Safe Haven Your Money Needs

Not sure if you should own gold? Gold has long been a popular asset for those who are looking to avoid risk. Gold is a safe haven to which investors turn when they’re scared off by other aspects of the market. Who Buys Gold? The average gold buyer is a far cry from the gold bugs you see on TV. For the most part, gold buyers are professionals with a variety of incomes who are looking for low-risk assets as part of their retirement savings. Gold is an effective vehicle for preserving wealth in the face of inflation, market risks,…

Don’t Let Banks Lease Your Gold: Choose Allocated Storage

Are you a gold investor who holds their gold with a bank in non-allocated storage? Did you know that the gold you leave in the bank may not be the gold you take out, or that your investment is technically on the bank’s books, meaning it could be claimed by creditors in the event of a bank failure or used in a bail-in if another financial crisis were to happen? If there’s any lesson that 2008 should teach investors, it’s that financial meltdowns are well within the realm of possibility, and that poses a risk to your physical gold if…