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Germany’s Gold

Should you invest in Gold this 2014?

Germany has always been a major player when it comes to gold. The country has indeed shown the world that gold is more reliable compared to the US dollar, which is no longer considered a “safe haven” these days.

gold2“The financial world was shocked this month by a demand from Germany’s Bundesbank to repatriate a large portion of its gold reserves held abroad. By 2020, Germany wants 50% of its total gold reserves back in Frankfurt – including 300 tons from the Federal Reserve. The Bundesbank’s announcement comes just three months after the Fed refused to submit to an audit of its holdings on Germany’s behalf. One cannot help but wonder if the refusal triggered the demand,” shared Global Research.

The decline of the US dollar and the stock market has affected how many investors see the currency and the market respectively. And Germany, it seems, has finally awaken to this truth and wants to have all their gold from international reserves returned to them. No one really wants to admit it, but Germany’s gold reserves are no longer in the United States.

Now, before jumping in and investing in gold wherever in the world, there are a few important things to know:

german-gold-reserves. Performing a careful analysis of the commodities market is essential. This is true for any type of investment, not just gold.

· Research is imperative, too. “I learnt about gold 50 years ago from a novel called The Razor’s Edge by Somerset Maugham. It is about wealthy Americans at the time of the Wall Street crash. Some of them got wiped out but one did not and continued living the high life on the French Riviera. When asked how he managed it, he said he saw the crash coming, sold up and bought gold. It was a lesson I never forgot,” explains investor Ian Dunbar in an interview with This Is Money UK. He now invests in gold online through BullionVault.

· There are various types of gold investments: gold mining stocks, coins, bullions, and ETFs.

Gold investments are more profitable long term. So before you even think of engaging in any type of gold investment, make sure that you’re ready to be in it for the long run first.

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