ALL >> Business >> View Article
Is Investing In Gold Safer Than Stocks And Shares?
In 1798, Benjamin Franklin commented in a letter to John-Baptiste Leroy that 'nothing can be said to be certain, except death and taxes'. And it seems to still hold true today. However, perhaps given the blessing of hindsight, and the events of the last 200 years to which Mr. Franklin was not party, we can tentatively add a third 'recession'.
At last count, there have been six major recessions to date -two in the interwar period, three more in 1973, 1979 and 1989, and of course the latest being 2009. With recent events at BP showing that event the most safely perceived stocks and shares can be anything but in times of crisis, investor confidence in companies is falling. However, it does appear, at least for now, that there is a safe haven. Sales of gold bullion bars are on the rise, and with the gold bullion price itself rising steadily, it seems there is finally a place investors can go to feel safer -which is good news of everyone.
Charles Cooper, an analyst at Oriel Securities, says 'debt on government balance sheets and worries that the world could be heading towards a double-dip recession are driving the ...
... gold price higher'. Investors across the world fear Europe's finances could be heading for trouble once again with debts in Greece, Portugal and Spain -the concern being that when governments resort to printing money, they precipitate inflation. However, such an event is good news for both gold bullion bars manufacturers and gold bullion bars buyers alike, as the precious metal can be used to hedge against rising prices.
So, what are the options when looking for gold bullion bars for sale? Well, investors -as well as general public- are currently in luck, as the number of gold bullion sellers has risen, along with demand. What is more, many trusted outlets can be found online. Of course, with any recession, comes unpredictability, but with an increase in the number of gold bullion bars suppliers to choose from, safeguarding your finances in a time of uncertainty has never been easier.
The Perth Mint manufactures a range of gold and silver coins, as well as gold bullion bars to suit all types of investment.
Add Comment
Business Articles
1. Military Spring Snap Hooks | Buckles InternationalAuthor: Buckles International
2. Fast Cash Loans Online: An Enticing Combination Of Features
Author: Lucy Lloyd
3. Why Retail Billing Software Is Essential For Modern Retail Businesses
Author: Ginesys
4. Top Quality Kvak Bird Food From Feather Incorporation
Author: Kvak bird food
5. Easy & Quick Short Term Loans Online To Make Your Life Easier
Author: Robert Miller
6. Luxury Wedding Cars: The Perfect Touch For Your Big Day
Author: Andy
7. Unlock Growth Opportunities With The Booming Mena Bpo Market
Author: Andy
8. Top 10 Website Development Company In India
Author: Karthika
9. Efficient Online Petrol Pump Software For Modern Fuel Management
Author: Rupasri
10. Why Is Financial Reporting Crucial For The Success Of Small Businesses?
Author: Bappaditta Jana
11. How Iso 27001 Consultancy In Telangana Helps Mitigate Cybersecurity Risks
Author: Qadit
12. The Importance Of Iso 27001 Consultancy In Telangana
Author: Qadit
13. The Importance Of Strategic Finance In Today's Business!
Author: Bappaditta Jana
14. Make Restaurant Management Easier With Our Restosoft-restaurant Billing Software
Author: restosoft
15. Osumare: The Best Seo Company In Delhi
Author: Anushka