Investors, institutions, portfolio managers and central banks are increasingly turning to gold to diversify portfolios, protect against inflation and safeguard their wealth.
They are seeking the wealth-preserving attributes of gold as they look to diversify out of fiat (paper) currencies in order to maintain their purchasing power. This is not a new phenomenon; gold has been used for money and wealth preservation for thousands of years.
A word of advice is in order, however. Not all “gold” is created equal. In an attempt to safeguard their wealth, investors may unwittingly purchase a fractional-based investment, a gold-price-tracking vehicle, or simply a liability of the issuer.
To read Paul de Sousa, Executive Vice President, Bullion Management Group Inc. article: Strategies for Investing in Gold
BullionBuzz provides investors with quick snapshot of must-read news pertaining to precious metals markets. Continue reading
BullionBuzz is a weekly eNewsletter that offers investors a quick snapshot of must-read news pertaining to the markets and precious metals. Continue reading
BullionBuzz is a weekly eNewsletter that offers investors a quick snapshot of must-read news pertaining to the markets and precious metals. This week: Euro: Current Course Is Leading to Disaster Continue reading
.gif)
You must log in to post a comment.