Recycled gold has accounted for about 35% of the world’s market. Just a few short years ago, gold prices peaked to a record of $1,920 an ounce. Many experts say that by 2017, gold prices should rise over $2,000 per ounce. Stock market indications project that if the gold market crashed, the dollar value would increase.
Serious investors thinking about purchasing gold and other precious metals should look to U.S. Money Reserve. The reserve is one of the largest supplier of gold in the world. According to experts at U.S. Money Reserve say that gold is solid, lasting and long-term security. The reserve offers coins, bullion or a mix of both depending on what their short or long-term needs.
According to Forbes Magazine, there are three good reasons to buy gold right now: gold is priced near its average cost; for diversification. All investors should have at least 1-2% of gold in their portfolio and because of the value. The price of gold can be driven by a variety of factors including politics. In the long term, it can be a nice financial egg in the basket.
Most experts agree that gold can definitely be a safe haven for investors. Unfortunately, the cost of gold sees its best rise after the stock markets crash. Golds can have highs and lows. All investors should research the market thoroughly to figure out the best time to invest.