Digital Gold Investment: Advantages and disadvantages

Investing in gold can bring both solid returns and significant losses. The maximum effect in the absence of loss of costs, only having thoroughly studied the features of this type of investment. The article below discusses various investments in gold: pros and cons, features and nuances.

What you need to know about investing in gold

Gold is a precious metal that is extracted from ore. Gold deposits are rare all over the world. Most of them are already in hard-to-reach places. Gold mining is a very laborious and slow process, which gives this metal a rare status. Gold also has unique physical and chemical properties: anti-corrosion, ductile, resistant to chemicals. In addition to durability, it has excellent electrical conductivity — gold is actively used in the space and aviation industries, in the creation of computer components, etc.

Buying gold as an investment is a stable option that saves money from inflation, devaluation and loss of purchasing power. The production of this metal rises in price every year, which directly affects the growth of its cost.

In the late 1970s. world powers decided to abandon the gold standard and switch to the exchange rate, which was regulated only by supply and demand in the market. This eliminates many of the problems of the post-war period, but at the same time it has created new problems. World economies are regularly shaken by crises. That is why the standard strategy of investing in foundations is on the assumption that the gold standard will return — in the same or modified form. This year the wooden position in the retail market.

Experts call the main factors behind the rise in the value of gold:

1. A possible reduction of the FRS rates% — up to 2–3 episodes of federal funds in 2020;
2. High risk of a global recession due to trade operations between the US and China;
3. Upcoming US presidential elections;
4. protracted economic recovery in the United States after the 2008 crisis.

In addition to all of the above, it should be noted that the global trend towards de-dollarization of settlements and the propensity of central banks of various powers to increase the share of gold metal in gold and foreign exchange reserves. Fed, effective mutual trade agreement between China and the United States, stimulate the economy with effective fiscal policy. However, all of these events are considered unlikely.

Gold investment options and their features

Gold bars

Individuals can buy gold bars from banks, which is confirmed by a license to sell and sell precious metals. The procedure for concluding a deal is quite simple and does not take much time. An investor just needs to choose a suitable banking institution and visit it with money and a passport. A bank representative will bring the required volume of bullion from the warehouse, then the customer’s user will weigh and inspect the goods. After the conclusion of the contract and payment of the specified amount, the client will receive his purchase and documents for it. The acceptance certificate includes such mandatory parameters as: the name of the precious metal, weight, fineness, number, date, quantity, contact and other information about the parties to the transaction.

Golden coins

Is it worth investing in gold by purchasing coins? In 2001, the purchase tax was canceled. Precious coins are of types:

1. Not previously used in circulation;
2. With high quality of minting;
3. Ordinary coins are legal tender.

Of course, coins are the most profitable type for an investor. A number of factors — age, rarity, etc., have a direct impact on the formation of the value of such a gold asset. It is recommended to purchase precious coins from reliable sources. Piece goods (antiques) are quite difficult — rare items have long been in private collections. However, banks regularly issue new coins to coincide with various events.

Exchange trading

Trading in gold on stock exchanges is carried out in the following ways:

1. Through rates of increase / decrease in metal prices.
2. Investing in stocks of companies that are engaged in gold mining.

You can invest in gold on the exchange without physically owning the precious metal. Having opened and replenished a brokerage account, after installing the trading terminal, you can make transactions with gold in almost any volume of interest. More effective use of the leverage of small ads to the potential profitability of the transactions.

Gold exchange trading allows:

1. carry out transactions online;
2. make a profit both on the fall and on the rise of the market — by opening “long” or “short” positions;
3. minimize investor participation in the process — the question can be entrusted to an experienced broker.

Depersonalized metal accounts

The mechanism for working with impersonal metal accounts is a simple procedure. The investor replenishes this bank account with an amount equal to the market value of the precious metal. At the same time, there is no purchase in the literal sense — the goods are not handed over to the client. The invested capital is stored in metallic silver — in gold, silver, platinum, palladium.

Today there are the following main types of compulsory medical insurance:

Deposit (urgent). Income is formed from interest, which is accrued in grams of precious metal and by increasing the rate of gold on the market. Replenishment of accounts during the entire period of their storage is not provided, as well as the use of funds before the period specified in the contract. In case of early termination, interest payments are not charged.
Current (unlimited) — which can be cashed at any time without examination for authenticity (most often paid by the client). When closing an open-ended account, you must pay VAT.

Digital Gold

Gold is one of the most timeless authentic products, considered timeless. Indeed, regardless of the approach of paper coins, its significance is now gone. Of all the precious metals, gold is the subject of special speculation. Before, there were only certain ways to protect physical gold: buy gold and let an attacker buy it for you, or buy gold and store it yourself.

An extreme exchange of resource allocation systems in gold is currently taking place around the world. Financial professionals are gradually moving from the trivial purchase of physical gold to automated groups of owners. These superior resources have more liquidity and will come in handy anyway. In addition, they are more convenient, and the cost of their placement is significantly reduced.

Digital gold’s protection

Digital gold protects you from the ravages of banks, jewelers and the economic system. Banks and jewelers are constantly gnawing at money that truly belongs to you, bearing high transaction costs. They pay you continuously to protect the value of your investment. They actually get their own actual profit from each overpriced click on each trade.

And this profit that they receive is directed solely to your money. Digital Gold offers near worthless transactions. You pay very low fuel prices to the Ethereum community in order to buy or sell digital gold. This will save you from high transfer costs in banks and jewelers.

The Gold Vault

The Gold Vault gives an endless chain of commissions for gold with a purity of gold, as well as: 1-TOKEN = 1- GRAM of gold with a purity of 99.99. This is amazing. There are no words to define this at any scale. Of course, no words, I confess. It’s valuable, it’s relevant, its value is described and targeted, it’s fantastic and definitely cute. This is what the cost chain is for investors, Gold Storage users, and everyone on a paradigm scale.

So…

With the Digital Gold rationale and effort platform, you can fully develop your portfolio, reliability, 100% validation, customer information optimization and gold material support. I believe Digital Gold will be a great choice for financial professionals who deal with cash in the helplessness of the current cryptocurrency economy.

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