10 reasons to invest in gold
The precious metals investment company Degussa recommends investing in physical gold 20% of the prizes to the winners with the Christmas Lottery, because "in times of economic recession the difference can mark the gold that we have been accumulating in good times ", Explains Tomás Epeldegui, director of the Madrid headquarters of this German company. "It is an ideal way to increase the patrimony and in the future to realize that the prize served for something that did not fade with time" he remarks gold ira companies reviews.
Another important advantage that Epeldegui also points out is the fact that "physical investment gold is exempt from VAT compared to other things that can be purchased with the prize" and dismantles the popular belief that it is a precious metal only at reach of rich: "You can buy ingots of 1 gram of weight whose price does not reach 50 euros and coins from something over 100 euros", something that gives a range of options to the lucky ones with the wide range of awards distributes the National Lottery in the Christmas raffles.
Degussa offers investment in precious metals in the form of the classic ingots of gold, silver, platinum, palladium, rhodium, as well as coins and gift items in gold and silver. But its flagship product is bullion and gold investment coins.
10 reasons to invest in gold
1. It is the element of value that humanity has naturally adopted for more than 5,000 years.
2. Investment gold is exempt from paying VAT as long as it is physical gold, that is, bullion and coins.
3. It is not devaluable by any government.
4. Physical gold has been the best vehicle to preserve value and maintain wealth over time.
5. In situations of instability and uncertainty gold is a good refuge for our heritage.
6. If you buy in good times, can cover bad times. In times of economic recession the difference can be marked by the gold that we have been accumulating in good times.
7. It can be converted back into money anywhere in the world in any currency. It has immediate liquidity and we are always going to have a buyer, it does not depend on the markets.
8. It can serve as a complement to the pension plan or an alternative to it.
9. You can start investing in gold from less than 50 euros (an ingot of 1 gram of weight).
10. As a gift, it is original, elegant, and different.