If you have any kind of investment portfolio for retirement, you probably remain ever alert to prevailing market conditions.
After the last decade's series of highs followed by crashes, your nest egg has probably taken a few hits.
And you know you can't expect the double digit returns of the past to put it back where it was.
Buying gold for retirement is one of the best ways of protecting the wealth you have now.
Buying Gold for Retirement: Protect Your Wealth You may be staying up all night worrying about how to shore up your current investments.
How can you protect your accumulated wealth? A classic strategy is to invest in this precious metal.
Gold has recently been making historic highs, as the US Dollar (USD) continues on its own historic course downwards.
Gold's uptrend as well as the USD downtrend are interrelated.
is a repository of wealth which knowledgeable investors stock up on when times get rough.
Those with foresight are buying gold now to lay a foundation to protect their wealth.
You Can Invest in Gold in Many Different Ways There are many different ways of investing in gold.
There are exchange traded funds (ETFS), mutual funds, gold mining stocks and the futures commodity market..
In addition, you can purchase physical gold.
Physical gold, or gold bullion, itself comes in many different kinds of bars and coins.
Another avenue for acquiring gold, is the rare coin market.
These rare and unusual coins have value over and above the amount of precious metal they contain.
All these may have a part to play in your portfolio.
The One Essential Method of Investing in Gold in Hard Times But one essential aspect of ownership of gold is in the form of physical gold.
gold bullion, that is gold in the form of bars or coins.
Why is physical gold considered the cornerstone of gold ownership? Because physical gold can perform the dual function of acting as a currency and being money.
Currency functions to facilitate the acquisition of assets.
Gold as money functions as a store of value.
Historically, when a given currency is devalued, the value of gold increases.