Many people have heard that you should invest in gold to diversify and increase your portfolio’s value. But is this true? Who should you buy gold? You can see convert IRA to gold for more information.

Precious metals were always a form or money. However, there are many real benefits to investing in precious metals.

1) Gold is a money form that has been accepted worldwide for many centuries.
2) Given the current financial turmoil, there is a lot to be concerned about. When is the next crisis? Is there going be hyperinflation and/or deflation? All of these questions are making people question the sustainability our current financial system. Investors are therefore buying gold to secure their wealth.
3) Supergiant-sized gold deposits were discovered but have been declining in value. It is a rare resource that has a high price.

You may have heard about the recent bailout issue in Cyprus. This was where the country confiscated money that had been saved to pay for bailout. This is a common situation in countries with severe debt problems. The government will do any thing to save a country whose financial system is about to collapse. Your money is better invested in gold than in bank accounts.

The next step in buying gold is to find a dealer. But you should not just buy paper ETFs or gold certificates. You need to purchase physical gold, and keep it. If you don’t have the gold, you can’t issue it. However, a bank may issue one thousand certificates of gold and only have enough gold for 100 certificates.

Look at all your options. Silver and gold are great investments. Gold coins are the easiest precious metal form to invest in, as they are easy to store and carry. Make sure you do your homework and don’t buy from a brand new company. Always look for dealers with years of experience in the field.