Many of our nation’s investors have decided to buy gold for portfolio protection, because these investors have repeatedly been subject to propagandists’ factually challenged notions of a strengthened economy. Fortunately, only a small number of these undiversified investors have been deluded by cheap manipulation of the media by our government. Savvy investors realize that the long-term solvency of our currency has been called into question by the international community, and these investors are striving for financial independence in case our economy collapses.
Many of these same investors have protected their portfolios by vesting a percentage of their assets in gold. Gold is highly valued for the security that it has historically provided, and the bullish projections for bullion and rare coins are the “icing on the cake” for US investors. If our government manages to control the inflationary pressures of the US dollar, the gold price would most likely descend from its’ current plateau. On the other hand, if our government continues to flood the world with US currency, gold prices would most likely rise to offset the devalued greenback. Until the Commodities Exchange (COMEX) decides to price gold based on a different currency, a weakening dollar will continue to mean higher gold prices. "While gold…(has) favorable fundamentals, markets are waiting for a catalyst to push prices higher. A new bout of US dollar weakness could provide such an impulse," according to a recent comment from an analyst at Credit Suisse.
Investors who see future inflation as a threat to their financial well-being are encouraged to buy gold for portfolio protection. Gold’s value may rise or fall, but our temperamental government’s manipulation of the dollar index is more than enough reason to shift from surplus cash. The active gold spot price is accessible to the public at www.GoldPrice.net, and investors who want to buy gold for portfolio protection are encouraged to contact a reputable gold exchange that offers free delivery of bars and coins.
Steven Martin
Senior Gold Specialist - Buy-Gold.org
