When it is said that gold is a safe haven asset, it is because its price always tends to rise, especially in unfavorable economic times. Thus, it is an ideal asset for investment as it is practically the only one that can provide the certainty that it will never be devalued; on the contrary, its value invariably tends to increase, making it an investment that guarantees excellent returns.
Differences Between Gold and Other Types of Investments
In this sense, it is radically different from other assets such as real estate, all of us having very recent memories of the bursting of its bubble, which led to a price devaluation that was dramatic for those who had invested their savings in the purchase of a home. Not to mention the volatility of other more novel assets such as cryptocurrencies, currently in a downward spiral, not even a value as highly valued as oil is free from fluctuations, as was recently observed with the drop in the price of a barrel, given the reduction in demand due to the paralysis of economic activity as a result of the pandemic. In addition, with the rise of electric vehicles, investing in anything to do with fossil fuels does not bode well in the medium and long term.
A Safe Haven Asset That Is Very Easy to Acquire for Any Investor Profile
On the other hand, buying gold bullion or various gold bars is a fairly intelligent investment, taking into account the safe-haven nature of this precious metal, which makes it prone to revaluation under any circumstances. Likewise, to get into this market it is not necessary to be a great potentate and spend stratospheric amounts of money nor to have deep knowledge on the matter, since there are websites specialized in selling gold bars that offer a customized service for individuals, giving the opportunity to acquire pure gold in quantities ranging from 5 to 250 grams. In addition, there are specialized sites that offer the possibility of buying Sempsa bullion, a reference jewelry store for everything that has to do with precious metals, or Swiss bullion, both modalities being highly valued in the market for being synonymous with the highest quality.
The Gold Market Is Totally Transparent and Reliable
Another advantage of the gold market is its transparency and reliability, being able to know the price of the metal in real time in the London Bullion Market Association (LBMA), while each ingot that is traded with the corresponding certification the buyer has all the guarantees. This means that there is no room for the attempts at deception so characteristic of other areas such as cryptocurrencies or the abstrusities of markets such as the stock market. For the combination of all these reasons, investing in gold is a very intelligent decision, being the best option if you want the security of obtaining good returns, and the peace of mind of knowing that you have chosen to deposit your savings in a good that does not devalue.
