IWA is not saying buy bullion, but even that is better than no gold.
Read this Kitco article (Billionaire investors John Paulson and Mark Mobius think you should own some gold) very CAREFULLY – what these billionaires are telling you is critical to your financial health. IWA cannot stress enough – do not miss this reality.
Most important is just this folks:
“Gold does very well in times of inflation. The last time gold went sort of parabolic was in the 70s when we had two years of double-digit inflation.
Paulson added that gold can go “parabolic” because it is relatively small compared to the overall financial market.
If you own long-term Treasury bonds that are yielding 2% and interest rates move up to 5%, those bonds fall materially in value. Likewise, if you have cash sitting in a bank that you are earning 0% on and inflation’s 4%, you’re gradually eroding the value of your money,” he said in the interview.”
IWA has told you many times to consider Orezone Gold as IWA ‘s top pick for GOLD ounces in the ground (for now) that are materially lower than what you will pay for those same ounces of GOLD once they are above the ground (soon).
TOP PICK – Orezone Gold Corp. – ORE – TSX.
For The Full Kitco Article Click Here.
IWA is a shareholder of Orezone Gold Corp.
Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental, and technological factors that may affect the Company’s operations, markets, products, and prices. Readers should refer to the risk disclosures outlined in the Company’s Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission.
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