U.S. Money Reserve encourages consumers and investors to invest in gold, a precious metal commodity to help protect their investments when the economy is experiencing problems. During the fourth quarter of 2016, gold is predicted to price at $1,300 an ounce, which will be a new record high, reported by Market Watch on April 11, 2016. It’s one reason why investing in gold is indispensable for diversifying investment portfolios. The devalue of currencies globally is capable of happening in the United States and other countries, such as China because of political decisions. Precious gold is one of the safest investment products to invest in.
Investing in gold is essential based on four factors: scarcity, increase in price, currency volatility, and demand for Central Banks. U.S. Money Reserve believes those factors support the market predictions of the price of gold increase by the end of 2016. Gold commodity is unlike currency because it isnÕt controlled by the U.S. Federal Reserve.
Precious metal is supported due to its scarceness and it’s rarely devalued. During economic downfalls, the price of gold may decrease, but over time there is the potential of an increase. The scarcity of gold is due to the dramatic drop in the amount of gold in deposits of two million ounces from 2006 until the present. The amount of gold is at its lowest level in 16 years.
RBC predicted that the price of gold will increase 13 percent. When gold was liquidated from ETF holdings in 2013, the price of gold decreased, which developed buying power. The prediction increased by $150 after a 1.8 percent improvement by gold futures on April 11. RBC previously predicted that gold would increase in price to $1,150 an ounce.
A Crunchbase report predticted that the U.S. Money Reserve explained that paper currencies have no value when international markets experience crisis. Inflation occurs when the Reserve places currency into the financial system to help the economy recover after a downfall. The dollar is worth less and the cost of living increases.
U.S. gold commodity is in high demand in China, India, and global Central Banks. American investors are enhancing their investment portfolios and investing in gold commodity products, including coins, bars, and bullions. Statistics show the demand for gold commodities increased by 70 percent between 2004 and 2013.
U.S. Money Reserve distributes government issued gold, silver, and platinum coins and bullions in the United States. Philip Diehl serves as the President of Money Reserve in Austin, Texas. The precious metal distributor has offered gold commodity products for over 15 years.