THE NEW GOLD RUSH

Savvy in­vestors are re­turn­ing to Amer­ica’s orig­i­nal cur­rency. Here’s why.

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GOLD IS POISED TO MAKE A COME­BACK. De­spite fa­vor­able job re­ports and con­sumer con­fi­dence, many mar­ket an­a­lysts are pre­dict­ing that Amer­ica is headed for a re­ces­sion in 2019. They blame var­i­ous in­ter­sect­ing fac­tors: in­sta­bil­ity in global mar­kets; tar­iffs and trade wars; Amer­ica’s bal­loon­ing deficit; and con­tin­ued in­creases in in­ter­est rates by the Fed­eral Re­serve. All of these fac­tors could slow stock growth, cause prices to rise, and re­duce the buy­ing power of the U.S. dol­lar.

After see­ing dou­ble-digit losses in our re­tire­ment ac­counts dur­ing the last crash, many of us are look­ing for safer places to stash our nest eggs. The world’s old­est form of money may be the an­swer. New tech­nol­ogy has made gold eas­ily ac­ces­si­ble to reg­u­lar in­vestors, paving the way for its come­back as a cur­rency you can save and spend. You don’t need to be a bil­lion­aire with a fi­nan­cial ad­vi­sor and a safe in the wall. You just need a mo­bile app and debit card — and the de­sire to ex­ert more con­trol over your fi­nan­cial fu­ture. Here are a few of the most im­me­di­ate ben­e­fits of go­ing back to gold.

ONE RE­CES­SION-PROOF YOUR RE­TIRE­MENT

This one is easy to grasp: Just look at your 401k re­ports from 2008-2009. While stocks were cra­ter­ing, gold was hold­ing — and in­creas­ing — its value. And that story has been con­sis­tent over the long term: The price of gold fluc­tu­ates mod­estly but doesn’t suf­fer overnight dou­ble-digit de­clines like the stock mar­ket has.

That makes gold a smart in­vest­ment, es­pe­cially if you’re sav­ing for re­tire­ment, tu­ition, or a large pur­chase like a boat or new home — and can’t af­ford a sud­den down­turn. Imag­ine you’re less than 10 years from re­tire­ment, when your risk is the high­est, or you’ve stashed al­most enough for your dream boat ... and then the mar­ket plum­mets. Will you have the time or salary to build back your nest egg? If those an­a­lysts are cor­rect, gold’s his­tor­i­cal re­silience makes it a very at­trac­tive way to pro­tect your hard-earned sav­ings.

TWO EARN MORE FROM YOUR SAV­INGS AC­COUNT

In­fla­tion is an in­sid­i­ous and largely in­vis­i­ble drain on your net worth. Ev­ery day, the buy­ing power of the U.S. dol­lar de­creases a frac­tion as more money is printed. On top of that, most of us keep a fair chunk of change in low- or no-in­ter­est debit ac­counts to cover our dayto-day spend­ing. That yields a fi­nan­cial dou­ble whammy: There’s a hole in your bucket and no new wa­ter be­ing added.

Gold is a dif­fer­ent story, as the chart shows. It’s an in­de­pen­dent cur­rency whose value comes from the lim­ited world­wide sup­ply of bul­lion. There’s no Fed­eral Re­serve to is­sue more bars, so there’s no in­fla­tion. Plus, be­cause it’s a cov­eted pre­cious me­tal, its price tends to rise.

If only you could put gold in your debit ac­count and spend it, you’d win both ways — no in­fla­tion and bet­ter earn­ings — right? That hasn’t re­ally been pos­si­ble since fron­tier days, but that’s about to change. More on the com­pany mak­ing gold easy in a mo­ment.

THREE AVOID THE RISKS OF CRYP­TOCUR­REN­CIES

Crypto took the world by storm with the prom­ise of cut­ting-edge tech­nol­ogy and uni­ver­sal ac­cess ... and promptly roller-coast­ered through a se­ries of busts and booms. Early adopters rushed to buy to­kens, but many got burned. The prob­lem: Dol­lars con­verted into an un­reg­u­lated dig­i­tal ether have no in­her­ent value or pro­tec­tions. Gold, on the other hand, is a phys­i­cal com­mod­ity that can’t be hacked or wiped out in a rush of pix­els. It’s num­bered, reg­u­lated, in­sured, and pro­tected in the world’s most se­cure vaults. Cloud-based cur­ren­cies may ul­ti­mately have their place in the fi­nan­cial sys­tem, but if you’re seek­ing a se­cure al­ter­na­tive to na­tional cur­ren­cies, gold is far less risky.

FOUR RE­DUCE YOUR T R AV E L COSTS AND HAS­SLES

If your bank de­ducted a $.10 fee ev­ery time you de­posited $1.00, how long would you keep bank­ing there? Not very long — and yet most of us blithely ac­cept the con­ver­sion and con­ve­nience charges that banks and for­eign ex­change booths charge at in­ter­na­tional air­ports. In many cases, these fees can run into dou­ble dig­its, com­ing and go­ing.

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