You Should Still Be Buying Gold-Here’s Why

Donald Trump will be the next President of the United States. With this surprising election comes a great deal of uncertainty. Markets showed just how nervous they can potentially get on election night as stock index futures tumbled, gold rallied and the dollar declined.

Of course, all of these initial reactions to a Donald Trump Presidency later reversed course, with stock markets later moving higher, gold giving up its gains, interest rates rising and the dollar moving higher.

What was seen on election night could be dubbed the ultimate knee-jerk reaction, or could it…

In the last couple days since the election, optimism seems to be setting in, and investors appear to be far more comfortable taking some risks, for now anyway.

Markets could be in for a wild ride in the coming days, weeks and months, however, as Trump outlines his plans for the country and the economy. Although some analysts believe better times are ahead and stocks are the way to go right now, there are a number of key issues that could potentially impact financial markets while fueling higher gold prices.

A few of the key issues that may come into play are:

  • The possibility of a recession and bear market
  • Slow economic growth or stagflation
  • A global trade war
  • Changes in fiscal policy and higher deficits
  • A whole lot of geopolitical uncertainty

Mr. Trump has talked extensively during his campaign of cutting taxes, closing the border, renegotiating trade agreements and more.

All of these issues have the potential to drive significant market volatility, and the global economy could see some significant change.

All of these issues could potentially be bullish for gold, as investors dislike uncertainty and may flock to perceived safe haven assets such as gold.

Change can be a beautiful thing, and it can also terrify people. Human beings are creatures of habit, and change is always difficult. That being said, some things change and some things don’t.

Could stocks rise on a Trump economic plan and vision of the future? Absolutely. Could gold prices fall as stocks rise? Of course.

Should you still be buying as much gold as you can? Absolutely.

Markets go up and markets go down. Stocks will have bull markets and stocks will have bear markets. Interest rates may rise and interest rates may fall.

Regardless of what financial markets may or may not do, we feel you absolutely must have an allocation in hard assets as part of your portfolio.

Paper currencies have historically lost value over time, and in our view this is not something that is likely to change.

How will you protect your wealth and purchasing power?

What assets could potentially add further diversification to your holdings while also potentially providing a meaningful hedge against a number of economic and geopolitical issues?

The answer is physical precious metals. Hard, tangible assets like gold and silver.

These precious metals have been considered a reliable store of wealth and value for thousands of years. If you don’t own them, now may be the ideal time to begin acquiring these metals. If you do own physical precious metals, now may be the ideal time to buy more.

Buying and holding physical gold, silver and other precious metals has never been easier than it is today. Simply pick up the phone and speak with an Advantage Gold account executive today. Our professionals are here to answer your questions and show you the easiest way to make these key precious metals part of your overall holdings. Our representatives can even show you how easy it is to buy and hold physical gold and silver using your IRA account.

A lot of change and economic uncertainty may be ahead. Now may be a great time to add another layer of diversification to your portfolio. Consider physical gold and silver today. Call us at 1-800-341-8584 to get started now.

Tags: , , , , , , , ,