WHY WILL I INVEST IN GOLD?
1. Gold is a precious metal that has an intrinsic value and easily to be converted to cash anywhere in the world.
2. Gold is widely used as an investment, especially in jewelry.
3. Investing allows investors to gain financially from increasing or decreasing prices.
There are two reasons to consider investing in gold:
A) Historically, gold has been considered a safe haven in times of economic, geopolitical and financial instability.
Inflation and currency devaluation are also positive environments for gold, because it holds its value.
B) Gold investing allows investors to gain financially from increasing gold prices (or decreasing gold prices, in the case of short sellers, but more about that later).