In their Twitter page and In today’s fluctuating and sometimes crazy economy many may wonder what is really worth investing in US Money Reserves. One thing that has always been a long term winner and been around for ages is gold. Gold’s price increases in response to events where often paper money and stocks and bonds decline. The price of gold can go up and down at any given time, but it always maintains its value on the long term. For millenniums people have seen gold as a way to pass on and preserve their wealth from one generation to the next.
Throughout history gold has been an excellent protection against inflation, because its price tends to rise when the cost of living augments. On the other hand for example during the Great Depression of the 1930s which would be considered deflation (a time in which prices go down, business activity slows and the economy is weighed down by excessive debt) the purchasing power of gold actually soared while all other prices dropped. Gold has been respected throughout the world for its value and history and people have held onto it through the ages.
Gold also maintains its value even during political uncertainty. ItÕs often called a crisis commodity, because people turn to it for safety when there are tensions in the world and its investment remains strong. This last year for example while Europe was experiencing a crisis gold had some major price increases. Often when confidence in governments is low, gold goes up in value.
In many countries like India gold is intertwined into the culture. They (India) are one of the largest gold consuming nations in the world, where it has many uses amongst them, jewelry. October in India is traditionally wedding season and the demand for gold rises.
In China gold bars are still a traditional form of saving to this date. Also amongst investors the demand for gold has been growing. Many see gold as an investment worth allocating funds for.
The U.S. Money Reserve is based out of Austin, Texas and was founded in 2001. It has developed into one the largest private distributors of foreign-issued government gold, silver and platinum.
Hundreds of thousands all throughout the U.S.A. now rely on the U.S. Money Reserve to help diversify assets with gold and silver. U.S. Money Reserve global investors pumped cash into the gold market early this year and it has continued to hang onto most of its gain.
So the bottom line is gold should be a key part of any diversified investment plan.