Gold – Now is the Time
By: Jeffrey Nichols
GoldSeek.com
Friday, 29 May 2015
If investors ever needed physical gold in their portfolios, now is the time. Now is the time to protect even a well-diversified portfolio against the risks inherent in financial assets (equities, debt) and tangible assets (real estate, fine art, etc.) alike.
If you hadn’t noticed, geo-political uncertainties are at a high pitch, what with failed states (Iraq, Libya, Syria) and terrorist victories in the Middle East, East-West Russian roulette in Central Europe, and rising tensions between the United States and China as the PRC seeks to extend its territorial claims in the South China Sea.
Economic anemia just about everywhere is threatening to sink the world economy into renewed recession . . . or worse. Here in the United States, despite the rosy growth scenario now espoused by Federal Reserve policy-makers and many business-cycle analysts, the outlook remains uncertain with slow growth or even renewed recession threatening.
Financial markets are increasingly unstable with many equities overvalued . . . and investors likely to run for the fire exits if central banks dare tighten their “ultra-loose” monetary policies.
Greek default and withdrawal from the euro zone are real possibilities despite lots of talk and continuing negotiations between the Greek government and that country’s European creditors.
Any of these “disaster scenarios” could initially trigger a swift tumble in the price of gold as some retail and institutional investors raise cash to cover losses in equity and other financial markets.
The Rest…HERE
