Gold and silver dealers an option for economic instability

Monday, February 8, 2010
Gold is a good alternative to a shaky stock market.
- By John March
Historically, investors have sought out precious metals as an alternative option when the stock market and broader economy are undergoing uncertainty.

With that in mind, a recent survey from the American Institute of Certified Public Accountants says that 54 percent of high-worth clients - those with between $500,000 and $5 million in assets - continue to have little, if any, faith in the stock market.

"Regardless of net worth, every American has to make it a priority to understand how the prevailing economic climate, whether it's good or bad, affects individual personal finances. This new survey of CPA financial planners shows that wealthy investors still feel nervous about the stock market and are being conservative in their investment decisions," said Clark Blackman II, the chair of the AICPA's Personal Financial Planning Executive Committee.

The survey also found that these high-value clients were continuing to hold back on their spending in general, and were reluctant to engage in estate planning over concern that Congress could reinstate the tax retroactively. That particular tax expired at the beginning of 2010 and is currently not set to return until the start of 2011.

Regardless of the size of an investor's portfolio, investing in gold and silver has always been a reliable way to protect one's assets and to ride out uncertain economic times.



John March is the Chief Technical Officer for the Superior Gold Group, his financial insights on precious metals are sought after by Gold & Silver Dealers globally.

If you have any questions about how to buy gold coins, and want to learn how to grow your portfolio call 888.374.4032 or write to askjohn@gold101.com.

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