GOLD IS THE ARK.
GET ON BOARD WITH BLANCHARD AND COMPANY, INC.
The “change in the real worth of the greenback” that Mr. Forbes referred to is causing many experts to strongly advocate diversification into GOLD as protection from an apparent economic “given”-a shrinking dollar.
“...The dollar has sunk to a new low, the long bond is down a full point, and the market has turned ‘shaky’...So what do we do?...The most obvious change is that you’ve got to have gold if you don’t already have as much as you need...The preferred way to own gold is to actually own the gold and that means buying gold coins.”
- Russell, Richard (2005), Editor, Daily Remarks, Dow Theory Letters, 1/13/05
“Bullion coins, gold bars...are the metal itself...with physical gold you’re storing wealth, avoiding risk, and maintaining liquidity...”
- Turk, James and Rubino, John (2004), The Coming Collapse of the Dollar and How to Profit From It
And, more from Messrs. Turk and Rubino regarding investors’ likely reaction to the collapse of the dollar...
“...we’ll shun financial investments, including bonds and many stocks, like the plague. And, we’ll return en masse to the only money that is impervious to government mismanagement: gold.”
And, many experts are also suggesting that rare gold coins are to be considered in a diversification plan:
“...numismatics will be double winners in a dollar collapse, benefiting from all the capital flowing into hard assets and the rising profile of precious metals in general. Another attraction of rare coins-and it’s potentially a big one-is that if the government ever decides to once again confiscate gold bullion, under current law coins dated prior to 1933 are deemed collectibles and won’t be included in the recall.”
- Turk, James and Rubino, John (2004), The Coming Collapse of the Dollar and How to Profit From It
THE MESSAGE FROM MR. BUFFETT
AND THE OTHERS IS CLEAR...
- The U.S. dollar is in peril-and can’t be fixed easily or quickly.
- That means dollar-denominated assets are in peril.
- Smart investors will prepare for a shrinking dollar by diversifying.
A VERY SMART DIVERSIFICATION
PLAY IS GOLD!
