What is your New Year’s Resolution? Do you want to get in shape, eat better and improve your finances? Why don’t you add some gold to your wealth portfolio to create a little more stability?
New Year, New Start
Why do so many people try to improve their lives on New Years? What is so magical about this time of year?
The way that the United States is set up – from Thanksgiving to New Years – people can basically rest and relax. Holidays, Black Friday and the college football bowl games allow people “to reflect on the past.” They can objectively remember what “they should be doing.”
Gold is Financial Health
Of course, you should work out all year long. You should also continue to add assets to your wealth portfolio, which can weather any storm. Did you do that in 2016?
How many of your assets are only good for a short time? Did paper notes protect the citizens of the Weimar Republic from wealth erosion? No. Why is gold more healthy for long-term wealth stability?
“The proof is in the pudding.”
After the uncertainty of Brexit, many British citizens purchased large amounts of gold to protect their wealth. When national currency values fluctuate, gold can be a safe haven.
Avoid “Cookie Jar Syndrome”
Did your mother ever bake brand new cookies and put them out “piping” hot on the table? Weren’t you tempted to eat them, when you were a child? Of course you were.
The danger with fiat paper currencies is that politicians with the “power to print” more paper notes might be tempted by the “cookie jar syndrome.” It is too easy for politicians to avoid responsibility, by simply turning on the monetary printing presses.
When more paper notes are printed, it reduces the value of the money already in circulation. Economists believe this is a core element of inflation. Gold is an inflation hedge.
Gold Investment in 2017
Just like your other New Year’s Resolutions, gold is a wise decision. Central bankers, all over the world, use gold to settle accounts. Gold coins from the US Money Reserve improve your money security.
If you need to skip a cheesecake to pay for a gold investment, then why not do it? This will serve you better in the long run. Start the New Year off right.