Owning gold is something special in countries like China as well as in other countries. American investors usually jump back into the gold market when the stock market takes a beating or the price of gold drops before it jumps back up again.
Some successful investors like Warren Buffett say new investors shouldn’t have gold in their portfolio because it does have a real value and most of all, it doesn’t pay a dividend. But other hedge fund giants like George Soros who have deep investing pockets do own gold and a lot of it. Gold is more than a commodity people buy and sell. Learn more about US Money Reserve: http://www.manta.com/c/mml8pv9/u-s-money-reserve-in and https://www.ispot.tv/brands/Iyt/us-money-reserve
Owning gold and silver has a special meaning to people who believe the stock market is at its peak and, is ready to make an adjustment that could cost them millions if they are right.
The chief numismatist at one of the most respected and knowledgeable currency houses in the world, John Rothans, just put out some information about the gold and silver market, and that information is worth listening too, according to the investors who work with John Rothans at the U.S. Money Reserve. Read more: US Money Reserve | LinkedIn and US Money Reserve | Facebook
According to Money magazine, gold has increased by more than 200 percent since 1986, and Mr. Rothans believes gold and silver will hold steady through 2018. Rothans thinks gold will sell for $1,200 an ounce in 2018 and silver will sell for $17 to $18 an ounce.
Mr. Rothans thinks the dollar will be weaker in 2018, and gold production will be down from the 2017 output. John also thinks investors are nervous because of the radical swings in the stock market during the first quarter of 2018. And silver will still be a popular investment thanks to a surge in silver jewelry and an increase in silver use in several sectors of the economy.
U.S. Reserve’s president, Philip Diehl, is famous for several reasons. He manages the day-to-day operations of U.S. Money Reserve. The company is one of the largest currency trading companies in the industry, and Diehl and his experienced group of numismatists work with clients all over the world who want to find the right investments for retirement funds.
Mr. Diehl is the former Chief of Staff of U.S. Finance Committee. And when he was the director of the U.S. Mint, he was the man behind the 50-state quarter program. So investors respect what Diehl and his management team have to say about gold and silver as well as coins and other investment vehicles.