With the world economy in turmoil and rescue package after rescue package not seemingly actually doing any good, now is a good time to convert some of your assets into gold, the age old preserver of wealth.
The easiest way to do this is to buy gold coins, and the king of the branded gold coin is the original one - the Krugerrand.
There are 5 good reasons for considering this move.
1) For centuries, gold has been considered a form of wealth, and this is unlikely to change anytime soon, especially now as the folly of basing wealth on paper assets has once again been proved.
2) Gold coins provide you with the opportunity of physically owning gold.
This is one of the simplest, yet effective forms of wealth preservation that exist in the world today.
3) Gold coins, and particularly Krugerrands are easily converted into cash should the need arise.
The Krugerrand is recognised worldwide and there is always a market for gold, so owning Krugerrands not only preserves your wealth, but allows you to liquidate your asset very quickly should you need to.
4) Gold coins are small with the traditional Krugerrand only weighing 1 oz.
They are thus easily stored and transported, making them ideal for the average man in the street.
5) Gold coins are a pretty straight forward investment option.
They are not the product of some high paid financial whizz looking to befuddle investors with complicated schemes dressed up in technical financial terms.
The Krugerrand can easily be authenticated and the spot price of an ounce of gold is available everyday for anyone and everyone to see.
It goes without saying then that in the midst of this economic turmoil, buying Krugerrand should be a serious option to consider.