The Six Biggest Myths About Gold
A Report by Nick Barisheff
Nov 20, 2008
There is no sitting on the
fence where gold is concerned; people either love it or hate
it. Unfortunately, gold is deeply misunderstood by investors,
and that misunderstanding is hurting their portfolio returns.
Many in the investment community
trot out the old myths about gold: it is a bad investment; it
is risky; it is not a good inflation hedge. But is there any
truth behind these assertions? If investors take the time to
examine the facts, these commonly held beliefs simply do not
stand up to scrutiny. It is precisely because these myths have
become so prevalent that gold is still undervalued. Once the
general public realizes these myths are not valid, the price
of gold will be much higher.
Nick Barisheff discusses the
following six myths:
1) Gold is a bad investment;
2) Gold is not a good inflation
hedge;
3) Gold is a risky investment;
4) Gold does not pay dividends
or interest;
5) Gold is an archaic relic;
6) Mining stocks are better
investments than bullion.
Investors who understand gold
stand to reap significant rewards, while those who do not are
missing out on the opportunity to add to their portfolios an
asset class that diversifies, protects against inflation and
has the potential to provide better returns than traditional
assets such as stocks and bonds. In a worst-case scenario, bullion
may be the only asset that holds its value. As the general public
catches on to the rising price of gold, informed investors will
benefit from purchasing bullion at today's undervalued prices.
For a free copy of the complete
report please go to: www.goldmyths.com.
Nick Barisheff
Nick Barisheff is President and CEO of Bullion Management Group Inc., a bullion investment company that provides investors with a cost-effective, convenient way to purchase and store physical bullion. Widely recognized in North America as a bullion expert, Barisheff is an author, speaker and financial commentator on bullion and current market trends. He is interviewed monthly on Financial Sense Newshour, an investment radio program in USA. For more information on Bullion Management Group Inc. or BMG BullionFund, visit:
www.bmsinc.ca
321gold Inc

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