Already on ArticleSlash?

Forgot your password? Sign Up

Gold bullion bars the safest investment during recession times


Visitors: 308
 1 vote

In 1798, Benjamin Franklin commented in a letter to John-Baptiste Leroy that ‘nothing can be said to be certain, except death and taxes’. And it seems to still hold true today. However, perhaps given the blessing of hindsight, and the events of the last 200 years to which Mr. Franklin was not party, we can tentatively add a third ‘recession’.

At last count, there have been six major recessions to date -two in the interwar period, three more in 1973, 1979 and 1989, and of course the latest being 2009. With recent events at BP showing that event the most safely perceived stocks and shares can be anything but in times of crisis, investor confidence in companies is falling. However, it does appear, at least for now, that there is a safe haven. Sales of gold bullion bars are on the rise, and with the gold bullion price itself rising steadily, it seems there is finally a place investors can go to feel safer -which is good news of everyone.

Charles Cooper, an analyst at Oriel Securities, says ‘debt on government balance sheets and worries that the world could be heading towards a double-dip recession are driving the gold price higher’. Investors across the world fear Europe's finances could be heading for trouble once again with debts in Greece, Portugal and Spain -the concern being that when governments resort to printing money, they precipitate inflation. However, such an event is good news for both gold bullion bars manufacturers and gold bullion bars buyers alike, as the precious metal can be used to hedge against rising prices.

So, what are the options when looking for gold bullion bars for sale? Well, investors -as well as general public- are currently in luck, as the number of gold bullion sellers has risen, along with demand. What is more, many trusted outlets can be found online. Of course, with any recession, comes unpredictability, but with an increase in the number of gold bullion bars suppliers to choose from, safeguarding your finances in a time of uncertainty has never been easier.

The Perth Mint manufactures a range of gold and silver coins, as well as gold bullion bars to suit all types of investment.


Article Source:

Rate this Article: 
Investing in Gold Bullion - The Illustrious $5 Half Eagle Gold Coin
Rated 2.0 / 5
based on 1 vote

Related Articles:

Austrian Philharmonic Gold Coins - Ancient Gold Beauty to Contemporary Bullion ..

by: Christina Goldman (August 06, 2008) 

Collecting Gold Bullion Coins For Investment

by: Roslyn McTomas (June 23, 2008) 

Gold Futures - Make Money From Bullion - Investment Option

by: Noor Mohamed (September 16, 2008) 

Gold Bullion Buffalo Coins - A Smart Gold Coins Investment!

by: E. Thomas (December 06, 2007) 

Buying Gold Bullion, What Differentiates Gold Bullion

by: Kevin Cox (December 19, 2008) 

Capital Gold Group and recession proof investment

by: Jason Green (September 03, 2010) 

Silver Bullion Bars The Two Name Brands You Should Always Buy

by: Christina Goldman (June 17, 2008) 

Physical Gold Purchase - Best Investment For Troubled Times

by: Ruby Millsworth (August 06, 2008) 

The Canadian Maple Leaf Gold Coin The Purest of All Gold Bullion Coins

by: Paul Jorgensen (June 30, 2008) 

Investing in Gold Bullion - The Illustrious $5 Half Eagle Gold Coin

by: Christina Goldman (August 24, 2008)