Don’t let banks and government bail you out of your retirement.
How would you feel if your portfolio outperformed the stock exchange by 400%? This is exactly what you would get if you bought gold a decade back. Although gold has seen a 500% increase in price since 1999, analysts still believe that gold is undervalued at its current value. Some experts predict that gold could see an additional 50% increase in value. You can get the best gold IRA company in this sites.
Even though this area is among the top performing on the market it’s only one aspect of the story that gold tells.
Gold Is Security And Value
As the national debt ceiling rises and the value of the dollar declines, gold’s price will increase. Today’s government’s debts are the highest they’ve ever been. The dollar can’t be considered the place where wealth was once stored. The safe haven that gold is for wealth has been for more than five thousand year.
What’s it all about Gold?
Nature’s hard asset is gold. Gold isn’t subject to dilution, devaluations or other paper assets. The value of gold is not at the mercy or financial institutions. In fact gold tends to be in opposition to the trend of stocks historically. Even in the worst times of history for our economy, gold outperformed stock markets by more than a decade.
It cannot be printed like currency, and unlike stocks it will not ever merge or become one. It’s no coincidence that gold has been a standard store of wealth over the centuries. It is possible to save your nest egg by including gold in your retirement portfolio.