DALLAS, Texas 2/27/2009 3:10:41 AM
News / Finance

Shouldn’t Everyone Have a Piece of Gold?, Article Posted on BeaconEquity.com

BeaconEquity.com announces the publication of “Shouldn’t Everyone Have a Piece of Gold?

 

Investors can view all of the investment articles for free by visiting: http://www.beaconequity.com/m

 

In the article the author writes:

 

"When paper assets move higher with interest and dividends paid on time, paper suits our investment needs very well.  But when promises go broken or scaled back, then confidence erodes to the true value of the underlying asset throwing off those dividends and interest.  What to do? … When plan A looks a bit shaky, there’s a plan B for some of your assets.  Gold.  And for the more aggressive and studied, gold stocks.

 

The amount of central bank gold reserves is proof of the metal’s value:

 

Why all the fighting between the main stream and “Gold Bugs?”  Answers given range from ignorance to conspiracy.  But the stewards of the world’s currencies have an answer to those wanting to know, and have made clear through its actions that central banks cannot do without some of the yellow metal.  For some reason, the amount of central bank gold reserves is rarely discussed as a point of consideration, but nonetheless provides proof of the metal’s value, perceived, or not.  The reported central banks reserves of gold reveal the truth about gold’s value, as a hedge, if you will.  Approximately 19% of the total above-ground gold ever mined sits in central bank vaults.  Which begs the question: If central banks, led by the United States’ 8,100 tons, have some gold in its portfolios, why don’t you?

 

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Source: BeaconEquity.com

 

Beacon Equity Research

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