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Protect Yourself Financially - Buying Gold Bullion

Why You Might Want to Consider Buying Gold Bullion:

One crucial aspect of survival in the coming years will be protecting yourself financially. I'm sure you've noticed that your dollar just doesn't buy what it used to.

buying gold bullion

Why?

Inflation my friend. Or government money printing (to pay off our mushrooming debt with cheaper dollars).

Whatever you call it, one of the biggest dangers to your life right now is not a hurricane, civil unrest or even job loss - it's the loss of your purchasing power.

If you're holding onto dollars right now, they are losing purchasing power every day. Wonder why food is going up? One of the main reasons is the loss of your purchasing power.

Wonder why everyday items are costing more? It's because your dollar is buying less - loss of your purchasing power.

Want to know why people are going to continue to struggle over the next few years - even if they have jobs? It's because they can't afford to live the same way due to loss of purchasing power.

Loss of purchasing power means you have to work harder and longer to make more money in order just to live at the same level you're living at now.

If things get worse and the dollar's purchasing power continues to go down, eventually you won't be able to catch up.

What can you do?

First of all, I'm not a financial advisor and this is not meant to substitute for financial advice in any way. But I have studied the area for years and my main suggestion is this:

Buy Gold. Now.

Or buy other things that will continue to hold their purchasing power. Things like gold, silver, fine art, even real estate will hold their purchasing power over the next few years better than the dollar will.

For me, I think the safest investment is to be buying gold bullion.

There are a number of ways to invest in gold besides buying gold bullion. You can invest in gold mining stocks. You can buy a gold ETF (exchange traded fund) or a gold mutual fund. You can even buy gold jewelry or rare coins.

However those all have risks involved. Gold stocks are also dependent on costs of oil, manufacturing costs and competent management. Gold ETFs aren't actual "physical" gold but just pieces of paper.

Mutual funds have the same risks as stocks plus a management fee. And jewelry isn't that liquid. Rare coins require you to have a lot of knowledge in order to invest well.

I think the safest way to protect yourself is to buy the bullion. There are a number of ways to do this.

You can buy coins or bars with a low premium from GoldSilver or American Precious Metals Exchange and take physical delivery to your home. Then you store the gold in a safe or someplace safe in your home or safety deposit box.

You can also buy physical gold and store it safely out of the country in a vault with a reputable company like Goldmoney.

Storing it at your home means you have it with you should something catastrophic happen and you have to use the gold to buy bread. However there are drawbacks.

First, as things become more crazy - and people know you're storing gold, you may be setting yourself (or your kids) up for a break-in. There are stories even coming out now of people being robbed for their gold - imagine if gold hits $2000 an ounce or more!

Second, while this is a remote possibility, the U.S. government may confiscate gold and make it illegal to own. Again, while this is remote, they've done it once before in the 1930s. So it's not out of the realm of possibility.

The best way to store gold in my opinion is to store physical gold outside of the country in a safe vault. While there are a few different services to use, my personal preference is Goldmoney.

You can buy physical gold, silver, platinum or palladium and have it stored in a safe vault in London or Switzerland. You have 100% physical ownership and you actually hold and own the metal in your name. It is not a "paper metal" product like ETFs or pooled accounts.

You can sell your gold (or other metals) at any time for cash (in several currencies including the U.S. dollar, Canadian dollar, Swiss Franc, British Pounds, Euros or Japanese yen). So you could even keep your cash in a stronger currency like the Canadian dollar if you want to wait for a pullback in gold before buying.

When you sell you can have them send your money to any bank account you stipulate (in the U.S. or out). So it's a great way to hold metals outside of the country and outside the reach of a government that may get ideas of confiscating physical metals.

Of course you will probably want to have some gold or silver on hand within your reach for emergencies. But if you're looking to preserve the purchasing power of your savings you might want to put some into buying gold bullion out of the country like this.

That's the best way, in my opinion, to protect yourself financially from the coming inflation and loss of your purchasing power.

Click Here To Buy Gold and Silver Bullion Online