Buying gold through suppliers like Direct Bullion USA is one of the only options people have to defend their finances against the burdensome costs of rampant inflation. Historically, gold has been considered the ultimate safeguard against inflation and economic uncertainty: the two crises currently plaguing the American economy. As the cost of living increases, gold prices have historically followed.
How fast will the price of gold continue growing? UBS — the largest Swiss banking institution and private bank in the world — says, “gold will rally by at least a double-digit percentage in 2023.” They, like many significant players in the financial industry, believe this is the moment many have been waiting for to enter the precious metals market and capitalize on substantial growth.
When is the smartest time to buy gold?
Diversifying one’s portfolio with precious metals occurs most often during periods of unbridled inflation. Unlike dollars, gold tends to retain its value without depreciating and has been a reliable recourse during times of financial catastrophe like people face today. Many industry experts suggest buying gold when inflation hits the market or when a recession is looming, as both signal a rise in gold prices.
While traditional gold buyers have mainly consisted of older, wiser investors, recent trends have supported that younger investors have also begun to diversify their portfolios with precious metals. Gold isn’t likely to be the core of anyone’s retirement plan, old or young. However, it should be. Central banks and virtually all other financial institutions have always maintained considerable gold holdings for the stability and security it provides. It is both the most reliable line of defense against any and all negative economic conditions and an essential component of any robust investment portfolio.
Get started during gold season
According to online precious metals dealer GoldSilver’s analysis of gold prices from 1975 through 2021, the best time of year to buy gold is early January, March, and April, and mid-June through early July. While gold prices rise and fall through the year, investors should remember that the market is driven by supply and demand — competition will drive the price higher.
Tried and tested — Direct Bullion USA
Anyone seeking to weather this storm by investing in gold should get started with Direct Bullion USA by requesting an investment kit to learn more about potential avenues to calmer waters.
Direct Bullion USA stands by the three principles it was founded on: transparency, education, and fair pricing. They’ve been voted best in the industry for the last five years by Spears 500 and earned the trust of thousands of clients. To receive free guides from Direct Bullion USA about the advantages and process of buying gold and silver, visit the website or call 1-800-757-7050.
Alternative gold buying strategies
Rather than follow the rise and fall of prices in the precious metals market in an often unsuccessful attempt to make well-timed additions to holdings, some investors wisely opt for a piecemeal approach. In simple terms, they purchase gold and silver on a regular, periodic basis. The advantages of this approach are numerous. Most notably, it allows investors to take a cost-average approach with their precious metals portfolio, which often increases the efficiency of investments by lowering costs.
Speak with a financial advisor to determine if gold is the best option before moving forward with a plan to ensure that it is a proper fit for investment needs. Gold is considered one of the most dependable long-term investments, but investors desperately seeking immediate short-term gains may need to explore other routes. Financial goals should be set before embarking on any investment journey, and those goals will shape what gold buys look like for each person.
Regardless of circumstance, Direct Bullion USA’s dependable, expert team offers completely personalized buying services. Dedicated account managers devise personal strategies with customers that meet their specific needs. Guided by their ‘Gold Standard Customer Service,’ they believe a premium product like gold deserves premium service, gaining them a reputation as one of the world’s go-to companies for confidential, tailored precious metals packages at surprisingly low premiums.
Conclusion
To learn more about Direct Bullion USA or to start investing in gold, visit the company’s website or reach out on Facebook, Twitter, or Instagram to connect on social media and stay up-to-date with market updates about the economy and precious metals.
Media Contact
Company Name: Direct Bullion USA
Contact Person: Samuel O’Brien, President
Email: Send Email
Country: United States
Website: https://directbullionusa.com/