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Why Buy Gold? Reasons to Invest in Physical Gold Bullion

It’s natural and even prudent for an investor to wonder if a particular asset is a good investment or not. That’s especially true for gold since it’s an inert metal and doesn’t earn any interest.

But the reasons for owning physical gold go beyond the possibility of its price rising. Gold bullion offers distinct advantages that simply can’t be found in almost any other investment. If you’re looking for more information about gold bullion in Switzerland check this out.

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Here are the top few reasons:

     1. Gold is Money  

Gold is not used as a currency today, but its role as money makes it superior to any currency. Physical gold is one of the most ideal forms for long-term wealth preservation. It is also ideal for your heirs since it will outlast any currency they may use in the future.

     2. Gold is a Tangible Asset

If you buy physical gold, you can hold it in your hand, something you can’t do with almost any other investment. Physical gold is not subject to the risks that come with paper assets. It can’t be hacked or erased.

     3. Gold Has No Counterparty Risk

If you hold gold bullion, no paper contract is needed to make it whole. No middleman or other party is necessary to fulfill a contractual obligation. That’s because gold is the only financial asset that is not simultaneously some other entity’s liability. Physical gold cannot go bankrupt or broke. Gold bullion will never default on promises or obligations.

Gold is one of the very few investments that can be anonymous. If you choose, no one has to know you own it. Virtually any other investment you may make does not have this benefit.