The British Depend On The Gold Standard

 This June marked a paradigm shift for European politics. Concerned about its sovereignty and well being the United Kingdom decided to leave the European Union. This news sent financial markets across the globe reeling in response as investors panicked over the possibilities. Looking for stability in the market investors turned away from more traditional investments such as stock and mutual funds while looking for something more durable to put their money in. While some efforts were made to try out every option possible, precious metals emerged as the clear favorite. A solid investment for thousands of years, metals like gold and silver actually increase in value during a recession. With recent reports suggesting that the U.K will officially leave the E.U something in spring 2017, the interest in gold will only increase.

The beauty of precious metals is the way they tend to gain value as other precious commodities decline in worth. An example of this can be seen in the 2008 financial crisis. As the value of various stock market indexes crashed the price of gold increased greatly to values much higher than prior to that subprime mortgage failure. There is a safety you’ll find in gold coins that simply isn’t found anywhere else. The British are aware of this and it played a large role in the rise of the Brexit gold coin. Throughout the United Kingdom uncertainty has led to gold coin sales rapidly increasing in volume. The Brexit coin isn’t the first time Brits have relied on gold as a reliable investment during uncertain times. Historical crises, such as the aforementioned 2008 crisis, provide a precedent for this sort of investment behavior. Physical wealth is simply something that stressed investors will always flock to when they find themselves in a risky market.

Brexit coins are more than just a safe investment for hard times. Investors with their personal retirement in mind would do good to purchase the coins. If something drastic were to happen to the stock market that could send your 401k right down the drain. Gold coins will be there for your financial security when you need it.

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