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Smart Money is Putting Cash Into Gold Right Now – Here’s Why

3 minute read

By Heather Fishel

For the past few years, the U.S. economy has been on an upswing. Unemployment fell as more jobs became available, interest rates rose at banks, and people began spending more money without worry. But recently, increasingly more investors and financial experts have been warning of a coming recession. And that means right now is the time to search online for new investment options.

Investors are worried – the stock market is beginning to show signs of big changes ahead, and it’s as volatile as it’s been over the past 10 years. Fortunately, there’s gold. An investment that weather economic shifts, gold can be a smart bet. You can search for gold investment opportunities online right now and act fast.

The Next Recession is Coming

Recently world-renowned asset managers – or financial experts who manage others’ investments – have been growing concerned. They’re citing numerous economic conditions as predictors of a coming recession. And they believe that recession will arrive in the next few years.

Recessions are part of the natural business and economic cycle. The U.S. has been experiencing a bull run that’s lasted more than 10 years, creating great financial conditions. But another recession is coming. 

And that’s why the world’s top asset managers are moving their money into gold. Take a look at what these smart money experts had to say.

Jeff Gundlach: Gold Will Break Out in a Big Way

Jeff Gundlach is the CEO of Doubleline Capital. And given the current situation in the markets, Gundlach is anticipating a huge increase in gold’s value.

Gundlach is currently seeing increasingly more people invest in gold. And this, he believes, will create a four or five year upward trend for the value of gold. He told Forbes that the value of gold could increase by thousands of dollars, creating a massive gold rally.

So, investing in gold right now – before its value increases – is a smart move.

Louis Gave: Gold Will Shine in the Coming Inflationary Boom

Co-found and CEO of Gavekal Research, Louis Gave is another financial expert who’s predicting a huge boom in gold. With inflation on the rise in the years ahead, Gave expects to see gold shift from deflation to a huge, value-increasing explosion.

Though gold has been underperforming for a number of years now, Gave sees this economic trend coming to an end in the near future. He’s estimating an inflationary boom – one that makes gold a far better investment than bonds for absolutely anyone’s portfolio. 

David Rosenberg: There’s No Better Hedge Against a Weak Dollar Than Gold

If you’re worried about losing money on your investments, you don’t want to bet on the dollar. At least, that’s what David Rosenberg suggests.

Rosenberg recommends gold rather than stocks or bonds. He believes the U.S. dollar will be pushed down, which will decrease its value and worth. This financial pro estimates that the dollar may be able to rally and gain a little value, but will ultimately fall. 

Gold, however, will only increase in value. If you’re trying to hedge your future losses, you’re going to want to bet on gold. Or, at the very least, you’ll want to include gold in your portfolio for balance.

It’s Not Too Late to Buy Gold

The warning signs of a coming recession will likely only grow stronger in the days, weeks, and months ahead. And while it’s difficult to predict exactly how the stock market will react, you can take action right now to protect your investments, buff up your portfolio, and ensure a better financial future.

All it takes is the right advice. And, with so many financial experts like asset managers recommending gold, this is some advice you’ll want to take. 

Right now is a great time to buy gold. You’ll want to act before a recession arrives – once the value of gold increases, you won’t have as much of an opportunity to increase your net worth. Buying gold can easily be done. You can opt for a gold IRA, work with an asset manager to include gold in your portfolio, or buy physical gold online.

The best course of action is to search online to see what the smartest financial option is for you. You can learn the latest ways to invest in gold, discover what financial pros recommend, and even analyze and compare different gold investing opportunities. From there, you can buy gold and begin preparing for your financial future, where gold is likely to increase in value and make you more money.

allstars / Shutterstock

Heather Fishel

Contributor

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