Bob Alderman, Managing Director for the World Gold Council, speaks about the enduring value of gold and the yellow metal’s current role in a long-term investment strategy.
“The case for owning gold is a simple supply and demand story, [and] it has always been that way. What’s changed over the past several months is that there is clearly a supply situation where it may be constrained. And from a demand perspective around the world, including here in the United States, there is certainly increased demand for both physical gold, as well as jewelry.”
Follow us on Twitter to stay up-to-date on Peter Schiff’s latest thoughts: @SchiffBlog
Gold has always been the best investment especially in troubled times Gold IRA are very popular at the moment and are great future investments for retirement
I certainly agree that opening a gold IRA is the best way to protect retirement savings from devaluation. Although the gold market is subject to price fluctuations, history has proven that gold has a positive outlook in the long term. In fact, this precious metal has been in a bull market for decades and so gold is a great asset for long term investment purposes.
With gold apreciating at about 8% over the last month, it makes it really hard to not invest into it.