Add to Your Portfolio
Unlike
other investments like Bitcoin or stocks, gold retains its value not
only in times of financial uncertainty, but in times of geopolitical
uncertainty. It has often been referred to as the "crisis commodity,"
because people gravitate to its relative safety when world tensions
rise. It often outperforms other investments in the manner. Gold prices
experienced some major price movements this year in response to the
crisis occurring in the European Union, however, its price often rises
the most when confidence in governments is low.At Gems N’ Loans in Vista, we believe that gold should be an important part of a diversified investment portfolio because its price increases in response to events that cause the value of paper investments, such as stocks and bonds, to decline. Pawn shops have been known to offer fair market value in bullion.
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