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Is there a reason you wouldn’t invest in gold? Yes there are some and we created a separate video about that.
In this video, I want to talk about the myths about gold. There’s a lot of different assets and different sales people, fund managers, and business people promote their own assets.
In the process, they make other assets look bad to encourage you to invest in theirs.
We’re not about that. If you have seen any of my videos or spoken to any of our associates, you would know that we advocate diversification. Invest in many different assets. Gold is there to serve as a hedge, your last line of defense. It is not and will never be the be all and end all of your investments.
That being said, we want to shed light on some of the myths being spread by others about gold.
Myth #1- Upfront costs: As one might expect, gold in the form of coins or bullion will come with costs. This one is true. There is a cost. However, every asset has a cost. 401k, IRA, crypto, and other assets all have costs. Some of them aren’t transparent though. So ask yourself, do you like being tricked?
Noble Gold Investments will not trick you. We will clearly explain the charges. We can’t help you find out what costs are tucked in your other investments but when it comes to your investments with Noble Gold, everything will be transparent and clearly explained.
Myth #2- Hard to liquidate. Noble Gold’s buyback program is easy and fast. You can see the reviews, we have one of the best buyback programs out there.
Storage: Pop culture loves the visual of a thief stealing gold bars for a reason, and that’s a genuine fear for those who opt to invest in physical gold. If you go this route, proper storage and protection of your investment won’t come cheap, either.
Myth #3- It is the most volatile asset. Does the gold price go up and down? Of course but so does any other asset. Apple was $156 in September 7. By October 4, it dropped to $139. That’s a 9% dropped in less than a month. Bitcoin dropped below $40,000 before the current bull run.
Gold’s price goes up and down but nowhere near the volatility of other assets. That’s why it is a hedge.
Myth #4- Gold has no utility. Gold is used to cure cancer and other chronic diseases, electronics, computers, phones, dentistry, and others. Click the link on the upper left corner of the screen or in the description box to know more about the utilities of gold.
Gold is not just in demand, it is also irreplaceable in the devices it is used for.
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