Published Articles
Get Rid Of Those Paper Dollars…Gold bars and a strong lock might be the best answer
Kevin Kerr over on MarketWatch.com calls it like he sees it and even mentions owning e-gold instead of paper USD.
“The dollar is a victim of globalization”
Commentary: Gold bars and a strong lock might be the best answer
…The path to financial prosperity may well be paved with gold, but the question is which path is the best one to take. With gold exchange-traded funds, gold stocks, gold coins, gold bullion and even e-gold, what is an investor’s best choice to reap the benefits?
There is no hard and fast answer but clearly paper gold (certainly the ones not backed by bullion) has little advantage over paper currency. Paper is paper and it’s only worth what’s printed on it, and more importantly, what backs it up. No, it seems to me that the idea of adding gold to a portfolio is a non-correlated play for most non-goldbugs. Therefore adding a paper gold play whether it be ETFs or mining companies to me seems counterproductive. Instead I would go all in and by the actual metal. That’s right, not paper or plastic, but gold, the real deal.
