Quote of
the week

Let me digress for a while. I believe a new monetary system is in our future. China and Russia are combining to move the center of gold activity away from the US. Who has been buying gold as the faithful dropped out of the picture? All of the central banks, and particularly China. The direction of international power has coincided with the flow of gold. In its frenzy to pressure down the price of gold, the Federal Reserve has handed China a remarkable gift – the gift is cheap gold. But as of today, I believe we are seeing the process of cheap gold becoming more expensive gold. I’m betting that within six months physical gold will be scarce and hard to find. In a sentence, I’m betting that the long bear market in gold has ended.  

 -Richard Russell-

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Investing in Precious Metals

Many Investment advisors recommend precious metals as part of a properly diversified portfolio to provide capital appreciation, liquidity, and a hedge against conventional paper assets. Because precious metals are counter-cyclical to paper assets, a diversification into gold, silver, and platinum can therefore reduce the total risk of your overall portfolio and preserve your wealth. History supports the premise that investment in precious metals is the best protection against uncertainties in the future.

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