A Solid Portfolio Needs Gold

The financial year of 2016 promises to be an exciting and dangerous year. The year started off with a massive sell-off of stocks on Wall Street frightening investors both large and small.

The first quarter of 2016 has shown a devaluation of stocks and bonds and an overall loss of value to the world economy cannot affect the U.S. Money Reserve. Because of the combined effects of the slowing of the Chineses economy coupled with the falling price of crude oil, the world economy lost significant value and the luster of a positive, productive, stable economy – http://goldnewsnetwork.com/u-s-money-reserve/.

The Chinese economy had been the driving force for the world economy but the engine slowed and halted growth. The war in the Middle East and the resulting refugee crisis in Europe have left the powerhouse of the European Union confused, sputtering, gasping, and still looking desperately for solutions.

Whenever the world’s economies reach this kind of tipping point, investors curtail purchases of stocks and bonds and seek out hedges against an economic catastrophe. In the case of collapse (history has provided several to examine), those who can afford to buy gold, do so in an attempt to have a valuable, tradeable commodity in a society where a nation’s currency has little or no value.

Philip Diehl, the president of US Money Reserve, has spoken out about the need to have gold coins both for investment and as a means of continuing life in a cashless society. Diehl was an innovative director of the US Mint; his background and commitment to service there has served him well as head of the US Money Reserve according to Retail Menot. From an investment perspective gold has increased in value from $40 an ounce 40 years ago to the recent high of $1500 an ounce.

While most investors purchase gold coins because of their certified gold content and purity, there are numismatists who simply enjoy having a beautiful representative of American coinage. The color and heft of a solid gold coin is something which appeals to both investors and collectors.

Many people in the United States see signs of a collapse of society. They are moving their families to secluded parts of the American West and establishing shelters stockpiled with food and supplies necessary to survive. In any doomsday scenario, these survivalists have the will, space, firearms, food and probably some gold coins to survive the imagined catastrophes.