The market is extremely volatile these days. In times of economic crisis, it is very hard to know where to invest your precious dollars. Stocks and bonds are no longer a good investment, even the best analysts can’t predict what is going to happen. The US dollar has been falling gradually since the beginning of the year, and experts don’t expect to go back up anytime soon. The Greek debt is also making things much more difficult for the world’s economy.
Now, historically speaking, there is only one type of investment that actually does better in rough economic times: precious metals. The reason being that precious metals like Gold and Silver are only available at limited amounts on our planets. Their value will keep growing for as long as there is demand. Many of the world’s major banks started to invest in gold as soon as the economy started tingling, 2 years ago. Amongst the biggest ones, we find the bank of India, the bank of China, Germany’s Bundesbank and many more!
If you want to invest in a recession-proof asset, consider Gold! Don’t wait too long, as the current low price will eventually go up very soon according to market analysts.