United States of America, the industry generates over $9 billion annually from more than 162 gold and silver ore mining companies scattered all around the country. The industry is responsible for the employment of over 14,282 people. Experts project the industry to grow at a -9.0 percent annual rate. Barrick, Kinross Gold and Newmont are the market leaders in this industry in the United States of America; they have the lion market share in the industry. In summary, gold mining business is a profitable business venture and it is open for any aspiring entrepreneur to come in and establish his or her business; you can choose to start on a small scale on a large scale with robust distribution networks all across the United States of America and other countries of the world.Our business goal as a gold mining company is to become the number one choice of jewelry making companies and other companies that make use of gold and silver in the United States and other countries of the world. As a business, we are willing to go the extra mile to invest in owning our own environmentally friendly gold mines and also to hire efficient and dedicated employees.
We have been able to secure permits and licenses from all relevant departments both at the local government and state level in the United States of America. Greenlightcapitaltrading COMPANY is set to redefine how a standard gold mining business should be run all across the world. This is why we have put plans in place for continuous training of all our staff. Greenlightcapitaltrading COMPANY will at all-time demonstrate her commitment to sustainability, both individually and as a firm, by actively participating in our communities and integrating sustainable business practices wherever possible. We will ensure that we hold ourselves accountable to the highest standards by meeting our customers’ needs precisely and completely.
If you are interested in investing in gold with little money? Here’s an in-depth beginner’s guide on the best ways to invest in gold online for guaranteed profit. Investing in gold is the only recession-proof way to invest your money, as it provides the most direct counter to the dollar. Each time the dollar falls—such as during with a recession—the price of gold rises. This has been the norm for ages and it won’t change anytime soon.
And now that the economy suffers episodes of long-term ailments, the real potential for profits in the coming years and decades will no longer be found in banking investment,but in gold. If you are wondering why you should invest in gold and not a bank, you must consider the fact that for ages the tangible value of gold has been used as the basis for real value—even though central banks will never acknowledge this. That’s because the price of gold never dances to the tune of economic conditions.Really want to save yourself from heart attacks that result from the declaration of a drop in the value of banks, gold is the way to go.
While the track record of this precious metal in the long term does not demonstrate a significant movement at all, its price in the recent years has experienced a dramatic increase. In the last decade, the value of gold has increased to almost 400%. Gold provides an avenue for portfolio diversification and can give financial security in times of crisis.
Having said this, it is not that simple, however, to look at gold as a usual money making tool in the banking market. Investing in gold is not the same as investing in banks.Banks investment allows individuals or companies to use an investor’s capital for its daily operation and, possibly, expansion of business endeavors. In other words, it is investment in productive growth. Investing in gold however is like investing in a currency. It isn’t productive growth; rather, investing in currency entails a likelihood that its purchasing power will improve in some future time. Banks are investment to build value, while currency is an investment to hold value.
My Answer is YES and NO. What this means in that the answer is indefinite. In fact, i believe the answer is inconsequential at this point in time. Rather than focusing on the profitability of gold, you would be better off answering this more important questions:
What do you know about gold?
Why do you want to invest in gold?
The reason why the two questions above are more important is because in the world of business and investing, knowledge and purpose is more valuable than money. The need to always invest in diverse businesses and ventures cannot be overemphasized. Whilst some can wake up to the inspiration of what and where they need to invest in, yet others might find it pretty challenging to decide on the type of investment they should invest in. One the other hand some people undertake thorough research on a variety of choices before determining which to dabble into.
You might want to wonder how this plays out, but truth is that gold does help you against some deadly financial mistakes. When the economic meltdown started from the west, in no time at all the effect trickled down to other parts of the world. This is no wondering they say the world is indeed a small one. Once such an economic disaster happens to a country, one of the factors affected is usually the currency which becomes devalued from inflation as the global banking structure caves in. This means that when you make the mistake of tying all your wealth down in cash, then you might find that in no time your net worth plummets. Therefore, one great way to create immunity against this is the investment in gold. So that when the value of currency deteriorates, the gold consistently rises.
Experts have always advised on the need not to put all your eggs in one basket. Whilst some know the importance of having a diversified investment portfolio, yet others prefer to stick with only investing in shares and stocks. What then happens when there is an economic disaster? When there is a disaster economically, it affects the shares and stocks and by extension the currency.
Investors who have experienced a boom in the gold venture know how important it is not to joke with such an investment as gold. From time immemorial till now; there has always been the demand for gold. This demand might not be so readily met within a short space of time because gold isn’t manufactured, but mined. Therefore, over the years experts have come to realize that the demand for gold might not plummet but rather would be on the increase because of its demand from nations whose thirst for gold is on the increase. Therefore, you can be sure that as the demand for it increases, the price definitely would follow suit thereby giving investors adequate returns on their investments.
The potentials involved in the gold venture far outweigh its demerits. When investing in gold by buying it for the sole purpose to sell it in future, you might want to agree that it is of great importance because gold in its long term goes upwards. The price of gold in short or medium term has the ability to fluctuate, but when stored for the purpose of long term, you can be sure that it would appreciate .With gold investment you can be confident to boycott the kind of risk involved when you invest in shares and stocks. However, with Greenlightcapitaltrading, there is the assurance of great profit in the long run even if there might be a fluctuation in the short to medium term.
Good news is that trading and buying of gold has gone virtual. With the advent of diverse online businesses and investments, the purchase gold isn’t something that might cause too much stress. There are plenty dealers who are online willing to either buy or sell gold. This could be in form of the bullion in gold coins or gold bars. This process is a hassle free one that you could get over and done with within a short space of time. These dealers also offer delivery methods and so you can be sure to have your commodity at your doorstep after you have agreed on a price.
There are many more reasons why venturing into the gold business is a great bargain. There are a thousand and one people who have gone this way and have had only success stories to tell, whilst on the other hand some have also tried it out and got their fingers badly burnt. You might want to say that this is a clear case of what might work for one might not readily work for another! Therefore, it is still very expedient that you ask experts or even mentors in this field to help get you informed as well as bring you up to speed with how investing in gold works.
Do not forget we have professional mentors in our Facebook group to guide you make profitable choice.Doing this help you get knowledgeable, as well as know the best ways to take in the gold business. By and large, investing in gold by all standards is one great way to become rich.