Gold's qualities make it one of the most coveted metals in the world. Throughout the centuries, people have continued to hold this commodity for various reasons, societies and now economies have placed a very high value on gold, thus perpetuating its worldwide demand. There are over several elements in the periodic table and of them Gold stands exceptional.
Not only is it used to make expensive products but also used to add extra spice to luxurious items such as electronics ( computers, smarts phones, cars, expensive jewelries Even in architecture, Medicine, and Dentistry) What is it about gold that makes it so precious. Everytime there is a decline in the trade market, there is always someone saying "Told you Gold was a better investment"
Gold is often sighted as having negative correlation with stocks and a positive correlation with inflation, thus serving as excellent diversifying asset to hold in portfolios.
If you think about set of circumstances that allows Gold to do well, it is usually catastrophic circumstances so I would agree with you that gold often brings boring return, boring returns like $35 in 1971 and about $1,800 today. If you think about other assets classes that offer up insurances, gold seems to be a boring asset I want.
Critics agree that gold provides boring results because they think of gold as an investment but gold basically shouldn't provide any return because there are little of no risk involved in it's acquisition. As the saying goes " no risk, no reward " thus, risks of catastrophic loss of value should also not involved. The price of Gold may relatively go up and down but gold itself is permanent.
.jpeg)
HERE ARE SOME REASONS WHILE YOU SHOULD CONSIDER INVESTING IN GOLD
Central Bank's bullion reserves: Since 2010, global central banks have been net buyers of gold as they move to diversify their reserves with net purchases totaling 371 tons in 2017. According to the World Gold Council, central banks buying gold to store value is a sign that investors too might want to hold some gold in their portfolio.
Increasing demand:
In previous years increased wealth of emerging market economies boosted demand for gold. In many of these countries, gold is intertwined into the culture in China where gold bars are a traditional form of saving. The demand for gold has been steadfast. India is the second largest gold consuming nation in the world. It has many uses there, including very high price jewelry. As such, the Indian wedding season and October is traditionally the time of the year that sees the highest global demand for gold.Inflation hedge: Gold has historically been an excellent hedge against inflation, because its price tends to rise when the cost of living increases. Over the past 50 years, investors have seen gold prices soar and the stock market plunged during high inflation years. This is because when fiat currency loses its purchasing power to inflation, gold tends to be priced in those currency units and thus tends to arise along with everything else.
Portfolio diversification:
The key to diversification is finding investments that are not closely correlated to one another. Gold has historically had a negative correlation to stocks and other financial instruments. Properly diversified investors combined gold with stocks and bonds in a portfolio to reduce the overall volatility and risk.Gold's history of holding its value: Unlike paper, currency, coins or other assets, gold has maintained its value throughout the ages. People see gold as a way to pass on and preserve their wealth from one generation to the next. Since ancient times, people have valued the unique properties of the precious metal. Gold doesn't corrode and can be melted over a common flame, making it easy to work with and stamp as a coin.
The world gold supply is shrinking: Gold is both scarce and finite. Another reason why it is so highly valued. Exploration budgets for mines are shrinking as mining costs are rising. With lower annual gold production and rising demand. Gold prices consistently rise based on known reserves. Estimates suggest that gold mining could reach the point of being economically unsustainable by 2050.
HOW TO BUY GOLD FROM HOME 100% FREE TRANSACTION FEE, STORAGE AND INSURANCE COST
There are several ways to buy gold, but the easiest and safest I've seen and used is the Digital Gold Platform which allows you to Invest in gold via a 99.99% gold hacked cryptocurrency called GOLD TOKEN.
The GOLD token is an Erc20 token that is backed by 99.99% physical gold
The Digital gold platform’s role in the digitalization of gold via the blockchain technology is one of the best things that has ever happened to the gold market. Now you can buy gold with no transaction fee, and at the same time have also gold stored and insured at the bullion star vault all at no cost from the comfort of your home. Buying Gold token is just as you are buying a physical gold but without transaction cost, storage cost and insurance.
You may be thinking, what if my coins get hacked? The blockchain is protected by cryptography which ensures that no clock on the chain is tampered with without an alert!
The blockchain is also built in a way that removed a central authority therefore, everyone has access to the blocks and no one can manipulate data without being flagged. So, be rest assured your money is safe.
For more info visit gold.storage
GOLD COIN MARKETPLACE
You can purchase the GOLD token here now!
https://gold.storage/market
CONCLUSION
This is the easiest and safest way there is to invest in gold. Why not buy GOLD token now
Exchange: https://cryptex.net/trade/GOLDUSD
Website: https://gold.storage/
Facebook: https://facebook.com/golderc20
Twitter: https://twitter.com/gold_erc20/
Telegram: https://t.me/digitalgoldcoin
Medium: https://medium.com/@digitalgoldcoin
Reddit: https://www.reddit.com/r/golderc20/
Whitepapper: https://gold.storage/wp.pdf
ANN: https://bitcointalk.org/index.php?topic=5161544.0
Bounty: https://bitcointalk.org/index.php?topic=5164058.0
MY PROFILE
BITCOINTALK UNSERNAME: LEON331300
BITCOINTALK URL: https://bitcointalk.org/index.php?action=profile;u=2215507;sa=summary
Eth Address:0x601D68c1800384C799E8Ac55f4F57Acf93C3fAAF
Telegram url: @Leon3313000