by AIER Research Staff
The price of gold recently topped $1,000 for the first time in history, and it is one of the few investments that have increased in value in recent years. As the gold price has increased, so has investor interest.
But it is important to buy gold for the right reasons: not as a speculative investment, but because it offers a way to protect a portion of your wealth against the possibility of serious economic, monetary, and political disruptions that lead to a breakdown of payment and credit mechanisms based on fiat currency.
AIER analyzes the history and investment performance of gold in its just-released 2009 Economic Bulletin How to Own Gold.
The 4-page bulletin tells you:
- How gold has served throughout history as money and as a store of value during crises
- How gold has performed as an asset in recent years relative to stocks and bonds
- How adding gold to a portfolio may reduce the overall portfolio risk
- Why gold coins are preferable to gold bars
- How to deal wisely with coin dealers
- What to keep in mind when investing in the stocks of gold-mining companies
- What you need to know about gold-backed exchange-traded funds (ETFs)
AIER does not sell gold or gold investments. Our objective research is designed to help you better understand gold’s important role in economic and financial history, its record as an investment, and the different options available for anyone interested in owning it.
