
Over the past 5,000 years, from the Egyptian pharaohs and the merchants of 14th century Venice, to world governments in the space age, man has treasured gold for its utility and value during times of both prosperity and crisis.
Through the rise and fall of great dynasties and civilizations, gold has maintained its purchasing power as a solid store of value for millennia. Gold has been used as money since 560 B.C., when King Croesus of Lydia created a gold coin in his own image. Ever since, gold has been the world's most universally accepted form of money.
Today, the demand for gold continues to flourish around the world.
Solid Protection Against Uncertain TimesThe only thing that seems constant in the world is change. Corporations go bankrupt, currencies collapse, stock markets crash, wars erupt, and governments fall. Through it all--deflation and inflation, depression and prosperity, boom and bust, war and peace--gold has stood firm as a store of value and a trusted medium of exchange.
Paper assets can indeed soar in value, but they can also become completely worthless. Gold has intrinsic value. Never will you ever hear someone say that gold "is not worth the paper it's printed on." Gold is an asset in its own right. It does not depend upon any government's, corporation's, or individual's promise to repay.
Financial advisers commonly include gold as part of their own well-balanced portfolios. Gold is an ideal foundation for a diversified financial plan because the price of gold often appreciates in response to factors that reduce the value of mere paper assets. Among the many factors and events that can cause the price of gold to rise are: increased industrial and investment demand for gold; bank failures; federal budget deficits; rising inflation or the expectation of rising inflation; devaluation of the dollar and other currency-related crises; increases in the price of other commodities; stock and bond market collapses; and international tensions.
Though the price of gold can be volatile in the short-term, gold has maintained its value over the long-term, serving as an excellent hedge against the erosion of the purchasing power of paper money, and periodically there have been times when gold has outperformed all other financial sectors. Ownership of gold can take many forms, such as coins and bars. But when considering what to acquire, you won’t be overwhelmed by the number of choices. There are basically two categories: bullion and growth gold/rare coins (click to read more on the 2 types)
Gold is perhaps the world's most liquid asset. It is traded throughout the world every day. In fact, the gold market never closes. International trading centers operate 24 hours a day around the globe. As a result, you can buy and sell gold in virtually any country at a price determined by the current worldwide supply and demand.
At ITM Trading we can help simplify the subject of gold for you. We believe that all portfolios should contain some portion of physical gold. As with any investment we believe that investors should conduct thorough research to make an informed buying decision. We are available to you from 8 am to 5 pm (PST) Monday-Friday to help answer your questions and provide up to the minute price quotes and market intelligence. Our experts have many years of experience in the field of gold and other precious metals and we have successfully shipped millions of dollars worth of rare coins, bullion and other tangible asset-related products to thousands of investors across America.
We approach each individual differently at ITM Trading. You have goals and objectives that will ultimately be different from those of everyone else. Therefore, our philosophy is to take the extra time to truly get to know each and every one of our clients and their needs in order to create a tangible asset portfolio that is tailor fit to you.
If you need immediate assistance please call us at 888-696-4653 during business hours to connect to one of our Portfolio Consultants (ask for gold 101).
