During tumultuous economic times, people often search for viable investment opportunities as a means of security and profit. Gold coin dealers in Oceanside have been eloping people in this area and offer fair market exchange rates. Here are some reason to invest in silver and gold coins at Gems N’ Loans:
1. Gold tends to go up when other investments decline, providing a stabilizing effect for your portfolio.
2. Gold is a bulwark against inflation.
3. You don’t have to pay capital gains tax until you sell.
4. Nobody has to know you have it – if that matters to you.
5. In worst-case financial scenarios, such as massive currency devaluation, you can use gold and silver to buy and sell. That may sound crazy – but it has happened in other countries.
Immediately following the 2017 presidential election, gold prices dropped an estimated $1.50 per ounce after an initial spike. However, despite this flux nearing the end of last year, gold has long been considered a reliable investment during turbulent times. In other words, its value will remain steady or even increase as the market changes.
Gold bullion coins, which sell in the millions weekly, tap into the allure of investing in gold. American Eagle and Canadian Maple Leaf gold coins have high gold purity and are easily bought and sold through precious metals dealers like Gems N’ Loans Temecula. The price of the 1-ounce, 24-karat Maple Leaf approximately matches gold’s spot price and experienced a tremendous rise between 2005 and 2011, when the price of gold more than quadrupled.
Learn more about how you can add gold coins to your financial portfolio!
