When it comes to your investments, diversification hasn’t worked. The “Buy and hold” strategy has become “buy and hope.” The one asset that could have helped stabilize your portfolio isn’t ever recommended by CNBC or your financial adviser. That asset is gold.
Read More0Jun
26
2009
Jun
24
2009
What Really Backs the U.S. Dollar?
By: Doug Eberhardt
Category: Education Blog, Gold
Tags: Economy, Federal Reserve, Federal Reserve Note, GDP, Gold, Money, Treasury, U.S. Dollar
Jun
2
2009
Confused About Gold and the Dollar? Understand Their Relationship Before You Invest
By: Doug Eberhardt
Category: Gold, Inflation, Interest rates, Investing, U.S. Dollar
Tags: Bonds, Dollar, Gold, Gold Investing, Inflation, Stocks
It’s not known for sure where the concept that an ounce of gold could always buy a nice businessman’s suit came from, but the analogy is used today by many who want to paint a positive picture for gold. The premise of the story is used to reveal the fact that the dollar has lost 95%-98% of its purchasing power …
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