Why should you buy gold? It doesn’t generate interest or dividends the way equities and securities do. Some investment advisors are not keen on the precious metal, while others believe it belongs in any balanced portfolio. Gold is several things: an inflation hedge, a long-standing store of value, and a physical asset. These are the three main reasons people invest in gold. 1. Gold Is An Inflation Hedge Inflation is the constant erosion of value of fiat currency. It’s why the cost of a loaf of bread was only 25 cents in 1970, and it now costs $2.00 on average.
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