Certified Gold As A New Savings Plan Posted by James Randolph on February 05, 2010
5 February 2010 – There are people that no doubt see the recent drops in gold prices and think that gold isn’t a good investment or that now isn’t the time to start. The truth is that current events make the decision to use certified gold as a new savings plan a wise choice. Arguably the best investment in the last forty years, it can be a strong way to build wealth and protect holdings in the future.
The recent sell off of gold has been seen by many as a reaction to some short-term technical indicators such as reaching the three-month low and dipping below the 200-day moving average. Such indicators suggest that gold prices may fall a bit lower; this only adds to gold’s appeal because the long-term factors still show gold will likely move higher again. This dichotomy suggests that now is an excellent time to invest in certified gold.
Gold should be a part of everyone’s long-term savings plan. Over the past four decades, it has outperformed real estate, stocks, bank interest and a wide variety of other investments with an increase of over 1,600%. Because it is easy to buy and own, gold can be incorporated into any savings strategy.
One of the best ways to invest in gold is to buy bullion and certified gold coins. Bullion is the standard trading gold which is minted by the United States and a number of other countries. It is a tangible asset that can easily be bought and sold, making it a good option for short-term trading. Certified gold coins, on the other hand, tend to be more expensive; they frequently make steady gains and in the past, have been even more profitable than bullion over the long-term.
By working with a certified gold exchange, gold can be purchased weekly, monthly or in whatever interval is convenient. Gold has been one of the best investments in the past, and its lower prices make it a strong option to consider as a new savings plan today.
Senior Staff Writer – Certified Gold Exchange