Global economic recovery certainly doesn’t appear to be happening any time in the near future. Our current administration is still just opening communications with the nation’s banking leaders, and investors have been avoiding Wall Street ventures like grim death. Inflation is growing in prominence, and our dollar is losing its’ spending power due to outrageous currency printing by our Treasury Department. Current economic conditions in the U.S. are eerily similar to those in the 1970’s, and savvy investors who remember that inflationary cycle know that gold did over 1000%, while traditional investments like stocks and bonds couldn’t even keep up with inflation or rising interest rates. Today’s weakening dollar combined with cries for a new global currency have convinced a great number of investors into purchasing gold bullion bars as a means of maintaining financial stability and security.
Purchasing gold bullion bars is ideal for investors who prefer the safety and control of taking physical possession of their gold. Bullion bars can be discretely and easily carried, handled and stored, and their purity is guaranteed by reputable bullion brand names like PAMP Suisse or Johnson Matthey. When purchasing gold bullion bars, it is usually best to conduct business with a large volume precious metals dealer. The sheer volume of their business allows for bullion prices that are closer to the spot price of gold. Avoid local gold establishments who are forced to mark up their bullion bar premiums due to the overhead connected with private ownership.