You may have heard that buying gold is an excellent investment, whether you are planning on buying now and selling as soon as the price increases or are looking at your gold as a long-term investment, an addition to your existing investment portfolio for diversification purposes, or are thinking about a gold IRA. All of those are excellent reasons for buying this precious metal.

Other arguments in favor of buying gold include:

1. Gold is considered to be a safe haven for investors. Buying gold means a hedge against both deflation and inflation. It is also considered a safe investment in times of fiscal crisis or uncertainty, political – national and global – unrest, and calamities as a result of natural events.

2. Gold has a strong reputation as a financial and monetary form across the globe. Nations everywhere, and their populations, prize gold for its beauty, its rarity, and its use as money.

3. Gold is tangible. Unlike other portfolio investments such as stocks, you can see and hold gold, knowing its worth.

4. Gold is not an unending resource. At some point, all of the gold on the planet will have been extracted and gold cannot be made in laboratories. Therefore, those who own gold will own a precious metal that is increasingly scarce, making the gold extremely valuable.

5. The value of gold has been stable for more than 200 years. While there have been some minor increases and decreases in the market, overtime the value of gold has steadily risen.

How to Buy Gold

You know that buying gold makes sense. The stability it provides for the owner, the protection in times of uncertainty, and its value on both the national and international market, are all reasons why one should purchase this precious metal. How an investor goes about doing so, though, is a personal decision.

Most investors prefer to purchase their gold from online companies: the variety of gold, the transparent pricing, and the options available to the individual buyer all make online gold buying logical, safe, and a simple process.

When looking to purchase gold online, research is required. Look into the different companies, and then investigate whether they offer the form(s) of gold you want to buy. Once that research has been completed, call and speak with a company representative about your reasons for purchasing gold and inquire about the services they offer. The company should be able to answer all questions thoroughly and knowledgeably. Having settled on an online precious metals company to purchase from, you are ready to start buying your gold.

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    Charles loves analyzing the current market trends and shares his insights with the investing community for gaining the right perspective while investing. He is also a visiting lecturer in Financial Management at a renowned university. He can be found on Twitter as @CharlesSMcLain.


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