If you ask experts around the world their opinion on gold, 99% will answer, “Gold is currency and safety”. It is therefore not surprising that the top experts around the globe recommend their clients to have at least a minimum of 10% to 20% of their assets in physical Gold. For the past 2600 years, gold has been used for asset wealth protection and/or generational wealth.

 

Some expert statements and opinions on Gold

Thomas KaplanThomas Kaplan (over $2 billion invested in gold) “People view gold as emotional, but when they demythologize it, when they look at it for what it is and the opportunity it represents, they’re going to say, “We really should own some of that.’ The question will then change to “Where do we get the gold?”
john paulsonJohn Paulson (over $4.6 billion invested in gold) “I view gold as a currency, not a commodity. It’s importance as a currency will continue to increase as the major central banks around the world continue to print money.
David EinhornDavid Einhorn ($560 million net worth) “Gold is the money of choice and we would like to have a meaningful amount of our assets denominated in gold. It’s the biggest position in the fund”… “It’s the one kind of money Bernanke can’t print more of.”
Seth KlarmanSeth Klarman (over $1 billion invested in gold) “There are no easy ways to navigate these turbulent waters. But because the greatest risks are of currency debasement and runaway inflation, protection against a currency collapse such as exposure to gold and against much higher interest rates seem like necessary hedges to maintain.”
jim rogersJim Rogers (net worth of $300 million) “Gold will be the great investment over the next decade.”
M.G. George MuthootM.G. George Muthoot (net worth $1.1 billion) “If this business was as easy as it sounds, all my branch managers would be setting up their own gold loan companies.”
George SorosGeorge Soros (net worth of $22 billion) “The U.S. dollar is very weak. Investors are moving to real assets.”
Eike BatistaEike Batista (net worth of $30 billion) “There is a massive shifting of wealth to new economic powers.”
Carl IcahnCarl Icahn (net worth of $12.5 billion) “The system is not working properly.”
Paul Tudor JonesPaul Tudor Jones (net worth of $3.3 billion) “I have never been a gold bug, it is just an asset that, like everything else in life, has its time and place. And that time is now.”
Michael AveryMichael Avery (holds $3.3 billion of Waddell & Reed fund in gold) “In 5,000 years of human history, gold has been the currency of choice, the store of value, when humans have called into question their governments’ efforts to solve problems by running printing presses and injecting money into the economy.”
Marc SternMarc Stern (holds $550 million of Bessemer Trust in gold) “At the core of the sharp downturn is an absence of confidence. Rising debt levels in Europe and the U.S., uncertainty about policymakers’ willingness to restore fiscal order, and increasingly cautious corporate sentiment that is consistent with slowing global growth are the chief culprits.”
Eric MindichEric Mindich (over $800 million invested in gold) “Gold is poised to complete its 11th consecutive annual gain, the longest winning streak in at least nine decades, on the brink of a bear market.”
Mikhail ProkhorovMikhail Prokhorov (over $6 billion invested in gold) “We’re looking now at what the world financial system is going to do with all this money that was printed during the financial crisis, if there’s continued inflation, we’ll see a global trend for raw materials and gold is not an exception. I’m optimistic that the gold price will stay at the same price or higher.”
Carlos SlimCarlos Slim (world’s richest man net worth $55 billion) “With the same things that were done in 2000 and 2001, when it was temporarily solved with big expenditures and very aggressive monetary and fiscal policy, aside from lowering taxes, we should be directing more money to the real economy, not to the financial economy. The volatility of the markets is so great that more is won or lost in a single day than in five years of accumulated interest. And that’s not a good thing.”
“I hate to see gold rise because then I know all else is falling apart.” – Larry Kudlow, CNBC (2006)
“Rising prices of precious metals and other commodities are an indication of a very early stage of an endeavour to move away from paper currencies.” – Alan Greenspan, former Chairman of the Fed (2009)“Who has gold has always money”. Alan Greenspan (former Federal Reserve chairman)
“Gold is money, everything else is credit.” – J.P. Morgan (1906) –
The editor and publisher of The Gloom, Boom & Doom Report says: “Everyone should buy some gold every month, forever, in order to secure from inflation”. (Marc Faber)
“Money is lying, gold is honest” and “Freedom of Gold”. Literature by Prof. Dr. Bocker (Commercially available)
Karsten Dabelstein, gold expert Conrad Hinrich Donner Bank of Hamburg, “I am assuming that the gold price will fall because of demand from central banks in emerging countries”.
Walter K. Eichelburg. “To almost $ 1,260 per ounce in June of 2010″. This was followed by the correction, and now the price quoted per troy ounce around 5 percent below the high. Walter K. Eichelburg still sees much potential for the gold price and assumes that the gold price is depressed by the central bank deliberately. His opinion: “The gold rush begins in just a few days and could then see teh price of gold rise to $ 10,000 or more”. Overall, he sees potential to at least 50,000 dollars per troy ounce. “How high the price will go up in detail depends on the actions of central banks,” said Eichelburg. In hyper-inflationary times is also a billion dollars per troy ounce possible. The variant to invest in physical gold, or the buying of gold bullion is the best and safest investment.
Peter Stoeferle, gold expert at Erste Bank Austria sees gold as a “opportunity-rich investment”.Question: Is it possible for private investors, given the already high price of gold to still make sense of buying gold today?Ronald Stoeferle: Yes, definitely. The gold price is still at a favorable level. One might as well say that gold is not rising but paper currency is falling. He goes on to say “Gold is a soft metal, but a hard currency.” Gold keeps its purchasing power and even increases it gradually. In 1980, the U.S. currency had a much higher purchasing power than today. If one of the official inflation calculator used the Federal Reserve, the inflation adjusted all time high would be an ounce of gold currently at $ 2,300. This means that gold would cost $ 2300 more to reflect the real value of 1980.

  “The U.S. and Europe have always suppressed the rising price of gold. They intend to weaken gold’s function as an international reserve currency. They don’t want to see other countries turning to gold reserves instead of the U.S. dollar or Euro. Therefore, suppressing the price of gold is very beneficial for the U.S. in maintaining the U.S. dollar’s role as the international reserve currency. China’s increased gold reserves will thus act as a model and lead other countries towards reserving more gold.” – Leaked Wikileaks Cable   Its very clear that some of the most wealthy people all agree that gold is a much more that just a safe investment. Take this advice and start a gold savings plan of your own. Its affordable and will retain the value of all of your assets that are backed by gold. Don’t wait any longer. Set up your FREE account Today!