Why should you invest in Gold?
Investing in gold serves as a good source of diversification for your investment portfolio. Bonds, stocks, real estate and other types of investments are vulnerable to changing economic times, but gold rarely changes; instead it rises and appreciates easily in value. During periods of economic downturn, when various asset classes fail, a precious metal such as gold may be what saves a portfolio; this is because gold is the only asset which is negatively correlated with other asset classes. Due to the negative correlation with other asset classes, gold can reduce portfolio volatility or risk. Many of the world’s billionaires and elites are increasingly purchasing precious metals such as gold, silver, diamonds, palladiums to mention a few. They know that value is stored, and no matter the economic condition, their precious metal endures. [Read more…] about Investing in Gold