Buy Gold If You Don’t Already Own Gold?
Investors who are concerned about the possibility of default on government bonds will experience a strong urge to buy gold. Government bonds (any government) are pieces of paper and nothing more. Buying Gold on the other hand is real and you can touch it. Gold is everlasting s if you buy gold you own more than a piece of matter or promissory note. Gold cannot be easily be destroyed, has no shelf life and is something that is respected the world over as a store of value. Government bonds, like all investment vehicles have their advantages and disadvantages. Government bonds pay interest which means that you can earn a positive return on your investment over time. This is an advantage that gold lacks. If you buy Gold you will pay no interest and there is not reason to own it other than speculative reasons, or if you are presently experiencing the emotion of fear in connection with the outlook for income producing assets such as government bonds. READ MORE »
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