OnlyGold Buy and Sell Gold Coins
The Definitive Site For Gold
1-800-800-4485
Contact Us
spacer

Ounce CoinsSpecialsBuy From UsSell To Us

World Uses of Gold

Gold's Usefulness as safe haven:

The geo-political and world economic structure is currently undergoing major change-some have even called the situation an "upheaval." This means that the investment outlook, particularly for certain parts of the world, is more unpredictable than usual. Under these circumstances, it is logical to conclude that certain investment portfolios should include real (non-paper) assets such as commodities for protection against a potential decline in the paper markets.


Gold's Usefulness as an Asset Diversifier:


Most portfolios are invested primarily in traditional financial assets such as stocks, bonds and mutual funds. Adding gold to a portfolio introduces an entirely different asset; a tangible or real asset, thus increasing the portfolio's degree of diversification. The purpose of diversification is to protect the total portfolio against fluctuations in the value of any one asset or type of asset. Gold does exactly that.


The reason is basic: 


The economic forces which determine the price of gold are different from, and in many cases opposed to, the forces which determine the prices of most financial assets. The price of an equity depends on the earnings and growth potential of the company it represents. Likewise, the price of a bond depends on its safety, its yield, and the yields of competing fixed income investments.


The price of gold, on the other hand, depends on different factors:


Worldwide physical supply and demand for gold, movements in foreign exchange rates, inflation, interest rates and political turmoil. The effects of all these factors are somewhat complex and variable. But the important point to remember is simply that they cause the price of gold to move independently of the prices of financial assets.

Article source: Compliments of the World Gold Council

 

Spot Prices Emailed to You Daily

* indicates required

Receive ARTICLES OF INTEREST & SPECIAL OFFERS if you like

Emails will come from CMI Gold & Silver, which now owns OnlyGold.com.

CMI Gold & Silver

Onlygold.Com BBB Business Review

Onlygold did business at the same location for more than sixteen years. CMI Gold & Silver Inc. has done business from three locations in Phoenix since 1973.

Both firms are Accredited Businesses with the Better Business Bureau, and neither firm has had a complaint filed with the BBB—ever!

In addition to having really strong bids on gold, silver, platinum, and palladium in coin and bullion form, we also purchase a wide range of numismatic coins.  We have especially strong bids for old US gold coins.

OnlyGold.com is owned & published by CMI Gold & Silver Inc. Copyright – CMI Gold & Silver Inc. All rights reserved.

All checks, shipments, and correspondence should be sent to:

CMIGS 3800 N. Central Avenue, 11th Floor, Phoenix, AZ 85012