Gold Investments
Call for current pricing and immediate delivery: (406) 586 – 4842
Steve Quayle and Renaissance Precious Metals have over 25 years of experience helping our clients protect their wealth through investments in gold coins, bullion, bars and precious metals.
We invite you to call us for more information and current prices: (406) 586-4842
Steve Quayle and Renaissance Precious Metals have over 25 years of experience helping our clients protect their wealth through investments in gold coins, bullion, bars and precious metals.
We invite you to call us for more information and current prices: (406) 586-4842
The importance of owning physical gold cannot be overstated.
Gold is respected throughout the world for its value and rich history, which has been interwoven into cultures for thousands of years. Given the decline in value of the US dollar, deflation and Geopolitical threats and uncertainty – you have to own gold to protect your wealth.
Gold has proven to protect purchasing power and is a safe-haven investment against inflation and turbulent global economies. Gold creates a strong and stable investment portfolio and is a tangible asset to protect against mind-melting portfolio plunges. Gold demand and prices have consistently trended upward for the past 10 years and most financial experts believe this trend will continue.
According to a recent article in Forbes.com – Here are three reasons to buy gold now:
1. Price: Gold is priced near its average cost of product and below its margin cost of production for a significant proportions of its supply. Fundamentals for gold are in themselves a good reason to acquire. Never fail to buy an asset below its replacement value. Its rule 1 of investing. Gold is now around the cost of incremental production.
Since the boom in gold prices, the cost of production has boomed alongside the price rise as mining companies have scrambled to produce more. As such, unless gold goes up or new technology comes along to make the process cheaper, gold production will fall. Many mines’ incremental cost of production is well above $1,300 and the average is said to be $1,200. This has to be good for the price medium term as there does not seem to be any fundamental likelihood for a fall in demand and the cost of production will only rise.
2. Diversification: To be diversified, an investor should have at least a couple of percent of their portfolio in gold. I dread to say 5%, because that it far more gold than many people would dream of having. In general, people are poorly diversified and often when they look back at the moments when they have lost more money than they care to remember it is because they held undiversified positions in instruments that went sour. Diversification is the only way to secure wealth and gold is a good ingredient for that.
3. Value: If you are a contrarian investor or a value investor, you will note from your stock filters that mining companies are almost exclusively the stocks that pop up when you look for deep value in the market. Stocks in general have had such a good run over the last years that it is starting to get hard to find value.