Gold

Why everyone should have gold in their portfolio

Monetary policy, unleashed from the constraint of domestic gold convertibility, had allowed a persistent over-issuance of money. Alan Greenspan

The majority who advocate investing in gold follow the Austrian school of economics, which believes that ultimately all paper currency goes back to its inherent value, the cost of the paper which it is printed on, basically zero. This is primarily because with the freedom to print currency, more and more currency is printed and that leads to less value. This printing of currency has been a worldwide phenomenon over the last years.

The US dollar is being printed big time to revive the moribund US economy. Given this threat to the stability of the US Dollar, people have been buying gold and hence the rise in price of gold. Ever-increasing bank money creation and growing national debts of numerous nations leads to rising inflation. Recently passed national economic stimulus packages will accelerate this process.

We offer all popular gold coins such as Krügerrand, American Eagle oder Wiener Philharmoniker. Please don't hesitate if you have any questions! Contact