Leeb Bullion Precious Metals Brokerage

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• Why Invest In Gold? Gold bullion is considered legal tender, often held in reserves by central banks. Institutional investors often invest in gold bullion to hedge against the effect that inflation can have on their portfolios. On average, 20% of refined mint quality 99.9995% gold bullion is held by central banks all over the world. In turn, the banks often use these gold bullion reserves to settle international debt or stimulate the economy through gold lending. The central bank lends gold from their bullion reserves to bullion banks at a rate of approximately 1%. The entire infrastructure of global currency is upheld and backed by gold. Historically, fiat currency (printed money) has only existed for approximately 200 years. Gold, on the other hand, has been used as a currency since kings and queens. Gold coins survived the rise and fall of the Roman empire. Antiquated coins made from precious metals have been unearthed by archeologists, dating all the way back to the 7th century. The oldest gold coin ever discovered is circa 520 480 BCE, found as a legacy of the Persian Empire in Western Asia. If gold has endured as a currency since the dawning of the Iron Age, approximately 3,000 years ago, how could we question its value for centuries to come? Looking to the future, gold is a currency that will everlast Wall Street and the cyclical nature of the stock market. Gold will continue to hold intrinsic value despite changes in global politics, civil unrest or a complete economic meltdown. Humanity is due for a change within the next generation, where we will see fiat currency evolve into digital currency. The key factor is that digital currency is also backed by gold. No matter where you look into the past, present or future, currency will always be upheld by gold. The question is no longer WHY you should invest in gold. The question is HOW should you diversify your portfolio to invest in goldthe only currency that has proven to withstand the test of time.
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  Headquarters:420 East 54th Street , New York, New York, United States

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  Website: https://leebbullion.com/

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  Legal Name:Leeb Bullion Precious Metals Brokerage

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• |  NAICS Code: 523110  |

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