Gold prices rise during long and fleeting stock market crashes, making it a great option for diversifying your portfolio. In other words, when one goes up, the other tends to go down. If farmers get a low-yield crop after a bad monsoon season, their collective failure to buy gold affects gold investments across the country. Even when President Roosevelt set the price of gold in the 1930s, the shares of Homestake Mining, the largest gold producer in the United States, were affected.
For those looking to invest in gold, it is important to do your research and read Gold IRA investment reviews before making any decisions. Despite President Roosevelt setting the price of gold in the 1930s, the shares of Homestake Mining, the largest gold producer in the United States at the time, rose by more than 100%.
