Now that the government has released its $1200 dollar stimulus checks to assist American citizens during the COVID-19 pandemic, government funding is running low. In addition to this, the SBA has stated that they are unable to accept new small business loan applications. 

Should I Place My Money in Oil Markets?

Assets that were once thought of as safe investments are now suffering greatly.  Oil, also known as “Black Gold”,  is normally a  highly sought-after commodity that has recently dropped in value due to the Coronavirus Pandemic. 

“Global demand for oil has collapsed, leading to record surpluses.” Even the Russian plan to cut 9.7million barrels a day from their production will not be enough to handle the issue of all the remaining unused oil supply. 

With the demand for “Black Gold” falling, oil investors are reasonably worried. If you’ve considered investing in oil, now isn’t the time to do so. Instead, why not consider placing your funds in even smarter markets? 

How Can I Secure My Finacial Future? 

In uncertain times such as these, you’ll need to place your trust in commodities that will remain in demand for a lifetime. Gold and diamonds fall under this umbrella. Gold is an asset that you can collect over time and will act as a form of “liquid currency.” 

If you’re running low on funds and you’ve got gold on hand, you’ll have the money you need to make it through the tough times. You can even tuck some away for a rainy day. 

Like gold, diamonds will always remain in demand. This “mobile currency” will fetch you small to large amounts of money depending on the quality of your diamond. Diamonds typically appreciate at 12% annually, where gold tends to appreciate only in single digits. Though gold is a great investment, prices often fluctuate. Over time, diamonds will continue to appreciate in value!

Summary: 

If you’re searching for a “safe haven” commodity to place your money in, it’s time to buy gold and diamonds. These are the precious items that will bring you immediate cash for all of your present and future needs. 

To buy gold and diamonds, book an appointment with Vasco Jewelry Buyer today by calling (949) 679-2300. Their seasoned professionals make the gold and diamond purchasing process a simple one. 

About the Author: 

Vasco Assets Inc. is a privately held international financial firm located in Newport Beach, California. Vasco Assets has over 35 years of industry expertise from investing, lending, buying and selling of luxury items to collaborating with charities in developing custom offerings and much more. At Vasco Assets, we create and cultivate long-term, multi-generational relationships with our clients.

Vasco Assets’ diversification in the global economy helps maintain our position as an independent international institution that is not subject to the fluctuations in the market conditions. In recent years, we’ve been making significant investments in our patent-pending technological platform and applying them to lending, investments, and fostering our client relationships.

Sources: 

https://www.nytimes.com/2020/04/20/business/stock-market-live-trading-coronavirus.html

https://www.apmex.com/gold-price