If you research investing in gold for retirement you will find lots of articles promoting the purchase of gold. Or adding gold to your IRA. Get a FREE Gold IRA Kit – and learn how you can benefit from investing in gold.
Here are some expert quotes:
“10% Of Your Wealth Should Be In Gold For Retirement”
Investment guru and former hedge fund manager Jim Cramer gives investors valuable advice: “10% of your wealth should be in gold.” The Mad Money host made his comments during the show’s Lightning Round. So he also recently highlighted gold as a safe haven to hold long term instead of government bonds.
“Gold As A Safe Haven”
“Why not own something that yields nothing that holds its value than something that yields negative that doesn’t hold its value,”so he said in an interview with The Street. “It is ridiculous not to own gold because only if you’re from any country on earth except for maybe the United States. Thats why 10% of your wealth should be in gold for retirement.
”Advice From Cramer About Gold And Stocks”
Cramer also gave market advice relating to the current trade war between the U.S. and China, suggesting that investors buy U.S. domestic stocks with no exposure to China and gold. “So I think it’s too soon to buy anything because the domestic stocks that have zero exposure to China, either as a supplier or as an end market … High-quality dividend stocks without much Chinese exposure will be the winners when the smoke clears, so just as they were after the last two rounds of tariffs,”
Of all the precious metals, gold is the most popular as an investment.
Investors generally buy gold as a way of diversifying risk, especially through the use of futures contracts and derivatives. The gold market is subject to speculation and volatility as are other markets. Compared to other precious metals used for investment, gold has been the most effective safe haven across a number of countries.
To learn more, check out these resource pages from Regal Assets:
We don’t claim to know exactly when the collapse will happen, but it certainly looks like we’re headed towards severe devaluation and destabilization of the dollar as well as a stock market crash at some point in the near future, especially considering the following ominous and urgent warning signs:
- CONSUMER DEBT IS RISING DRAMATICALLY
- CORPORATE DEBT IS AT ALL TIME HIGHS
- BIG BANKS ARE HOLDING THEIR LOWEST CAPITAL EVER
Disclosure: We are a professional review site that receives compensation from the companies whose products we review and recommend. We are independently owned and the opinions expressed here are our own.