Category Archives: wealth insurance

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Currencies and Stocks Plummet in Value Against an Ounce of Gold

By Patrick Heller 
The main reason why I advocate that people should own some bullion-priced physical gold and silver coins and ingots as part of their investment portfolio or net worth is to serve as a form of “wealth insurance” against declines in the value of paper assets such as stocks, bonds, and paper currencies.
The financial turbulence of the past few weeks shows perfectly why I make such a recommendation. In an analysis I did of the changes in paper asset values against an ounce of gold for the four weeks ended March 10, 2020, every single paper currency and stock index I track had declined against gold

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Why you want lower gold and silver prices

I advocate that the prudent person should allocate a minor percentage of their investment portfolio or net worth to the ownership of bullion-priced physical gold and silver. In my mind, this is buying “wealth insurance.”
The concept behind doing so is that the value of gold and silver tends to move counter to the changing values of paper assets such as stocks, bonds, and paper currencies

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Why I am not a gold bug

I periodically remind readers and listeners that they need to own a small percentage of their net worth or investment portfolio in bullion-priced physical gold and silver.
I consider this allocation to be “wealth insurance” against the risk of a major decline in the value of paper assets such as stocks, bonds, and paper currencies.
In making this recommendation, I have to tell you I am not described as a “gold bug

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The Real Diehl: Gold as Wealth Insurance

The Real Diehl is a weekly column by former United States Mint Director Philip N. Diehl, exclusively for CoinWeek ……….. I described in my last article how gold’s core value proposition is as wealth insurance. In this article I’ll address why understanding gold as wealth insurance, rather than as just another investment alternative, is crucial to understanding why gold […]

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