Why Buy Gold?

At Rare Coin Reserve, Inc., we understand that acquiring precious metals, almost timeless in nature, is one of the best ways to safeguard prolonged wealth and financial security.

The preservation of wealth and opportunities for financial gain provided by a precious metal like gold is unparalleled, and in an ever-shifting economic climate, can be a surefire way to insure your assets. 

Throughout most of mankind's recorded history gold has been there. Through the rise and fall of ancient empires, through numerous wars and peacetime, gold and other precious metals, like silver, has consistently been a financial staple through time. It is the original currency- and, despite economic crises and recessions, currency changes and declination, has remained so. The timeless nature of gold offers an unparalleled security- as even in the most significant money crisis, gold holds its value. 

Let's be realistic, intangible assets in today's economic climate can be a high risk endeavor. In 2008, we learned the true liquidity and insolvency risks attached to financial institutions, and with the hastening growth of technology, the electronic storage of our accounts carries a risk factor as well. Tangible asset like gold allow you to preserve monetary insurance against this kind of incident. Despite inflation and weakening currencies, gold holds it's value- and as it becomes a more and more scarce resource- it's value is only going to grow with demand. 

Think about the trust you place in a bank, and what a bank really is- a borrower of your dollar. There is a confusion surrounding the exact nature of a bank, and they are often misthought of as large deposit boxes. In reality, when a bank is holding your funds, you are loaning the bank your money, which, while still depositable, is what is used and generated for loans other consumers wish to borrow from.

When there is a run on a bank, you have a risk of losing any assets beyond what insured by the FDIC. Placing your wealth or assets in these institutions, of which, all have a risk of insolvency and liquidity. Acquiring gold, however, permits an actual ownership of one's wealth- always at hand to give, to barter, or to hide away. Once acquired, gold offers a privacy beyond normal financial measures, and as such, can be a lucrative and insured way to maintain long-term wealth for generations to come. 

Was this helpful? Speak with one of our Numismatic Experts for more in-depth information.

CONTACT US NOW!