3 Reasons You Should Be Buying Gold Right Now
Although the reasons to buy physical gold are many, there are currently three primary themes that make buying the yellow metal at current levels a potentially great decision.
- Stocks could finally be on the verge of a catastrophic collapse: The bull market is a decade old-a decade- and is finally showing signs of total exhaustion. With the economy continuing to produce sub-ideal growth and with stock valuations arguably stretched at current levels, the time may be ripe for the next major stock market crash. A major crash could serve as the beginning of what could be a protracted bear market that could wipe out hundreds of billions in shareholder value within a very short period of time.
- Rates are not going significantly higher any time soon: For all of the talk about rising interest rates and a hawkish Fed, rates remain at ultra-low levels that could remain in place for some time to come. Inflation remains well-below the Fed’s desired target of 2% on an annual basis, and the central bank may also not want to risk rocking the boat for stock market investors by showing any aggressiveness regarding monetary policy. Yes, the Fed could possibly hike again this year, but such a move is looking less and less likely. Not only could the Fed elect to hold rates steady at current levels, but it would not be surprising at all if the central bank is eventually looking to lower rates again and/ or reintroduce some type of economic stimulus measures.
- Geopolitics: North Korea, China, Russia, or ISIS: take your pick. The world is currently facing numerous significant geopolitical challenges that have the potential to rock global financial markets. Hopefully a peaceful resolution can be found regarding North Korea, although a military option cannot be ruled out at this point. Should these crises escalate further, stocks could have another reason to take while investors seek out the perceived safety of gold and other hard assets.
Gold prices have been moving higher in recent weeks, and with good reason. Don’t, however, let this scare you away from obtaining gold at current levels. A multi-year cyclical bull market in gold could just be getting underway, and the next major leg to the upside could potentially see gold prices challenge or even move well-beyond previous all-time highs.
The yellow metal may also potentially provide a meaningful hedge against various economic issues such as deflation, inflation or a weaker dollar.
If you are curious what gold can potentially do for your portfolio, now may be a great time to speak with an Advantage Gold account executive. Our associates are here to answer any questions you may have about physical gold ownership, and can even show you how easy it is to incorporate physical gold into your holdings using your IRA account.
Don’t wait for the next major stock market implosion or for gold prices to rise further. Explore your options for gold ownership today. Call Advantage Gold at 1-800-341-8584 to get started today.
Tags: advantage gold, Fed, gold, north korea, rising interest rates, stock market collapse