{"id":658004,"date":"2018-04-05T16:30:30","date_gmt":"2018-04-05T16:30:30","guid":{"rendered":"http:\/\/juniorminingnews.com\/?p=658004"},"modified":"2018-04-05T16:30:30","modified_gmt":"2018-04-05T16:30:30","slug":"the-prudent-investor-rediscovers-safe-hidden-wealth-2","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=658004","title":{"rendered":"The Prudent Investor Rediscovers Safe, Hidden Wealth"},"content":{"rendered":"

By Rich Checkan<\/a><\/span> Volatility has found its way back into the stock market. Last year, the Dow had a total of 10 moves up or down in one day of 1% or more\u2026 all year long.<\/p>\n

In just the first quarter of 2018, the Dow experienced 11 days with an increase of 1% or more. It has also already seen 13 days with a drop of 1% or more\u2026<\/p>\n

Twenty-four such moves in one quarter is a lot. And I’m certain this resurgent volatility is part of the reason Chief Income Strategist Alexander Green asked me today to share some of my thoughts about gold.<\/p>\n

Alex’s guidance was simple: Answer two questions\u2026<\/p>\n

\tWhy should you own gold?
\n \tHow should you own gold?<\/p>\n

Since Michael Checkan or I have spoken and exhibited at every Investment U Conference for the past 20 years \u2013 and since Asset Strategies International has been providing this Pillar One service to Oxford Club Members for 25 years \u2013 I am equal to the task.
\nWhy Should You Own Gold?
\nGold is wealth insurance.<\/p>\n

You no doubt have home (or renters) insurance, auto insurance and health insurance. You pay the premiums. You hope you never need the insurance. But you have it just in case.<\/p>\n

Gold is insurance for your portfolio\u2026 for your wealth. Simply put, gold is a liquid store of purchasing power for a potential financial crisis you hope you never have.<\/p>\n

In my 22 years with Asset Strategies, I have seen countless successful examples where gold served as wealth insurance at all levels \u2013 government, corporate and individual.<\/p>\n

Almost seven years ago, Muammar Gaddafi was ousted as Libya’s leader. Long before that fateful day in October 2011, he was cut off from the world’s banking system.<\/p>\n

Yet because he had Libya’s central bank gold stored close at hand in Tripoli, he was able to fight his ignoble fight without access to his bank accounts. He simply traded his gold with neighbor nations for food, supplies and munitions.<\/p>\n

Here’s a more recent example from a longtime client\u2026<\/p>\n

Last week, I received a call from an Oxford Club Member who invested in gold and silver through Perth Mint Certificates, an incredibly safe and cost-effective method of owning gold. We had introduced this Australian government-guaranteed program to her through a June 1997 Oxford Communiqu\u00e9 article titled \u201cThe Prudent Oxfordian Discovers Safe, Hidden Wealth Down Under.\u201d<\/a><\/p>\n

She responded to the article and began purchasing her wealth insurance.<\/p>\n

For two decades, she never needed it. Then her son suffered three separate strokes. And although he had health insurance, the claims were denied due to pre-existing conditions.<\/p>\n

This would have been enough to destroy the finances of most Americans \u2013 who traditionally have some of the poorest savings rates in the world. But it did not destroy her. She had wealth insurance. She had gold.<\/p>\n

In my opinion, having 10% of your assets in gold for insurance is not a luxury or even a nicety. Having 10% of your assets in gold is a necessity.<\/p>\n

If you need it, it’s there. Cash it in\u2026 and meet \u2026read more<\/a> <\/p>\n

Source::

The Prudent Investor Rediscovers Safe, Hidden Wealth<\/a><\/a> appeared first on Junior Mining Analyst<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"

By Rich Checkan Volatility has found its way back into the stock market. Last year, the Dow had a total of 10 moves up or down in one day of 1% or more\u2026 all year long. In just the first quarter of 2018, the Dow experienced 11 days with an increase of 1% or more. […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[4],"tags":[],"class_list":["post-658004","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/658004","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=658004"}],"version-history":[{"count":0,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/658004\/revisions"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=658004"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=658004"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=658004"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}