GOLD'S FUTURE IS BRIGHT

Gold's Future is Bright*

Forbes
May 24, 2010

"The primal forces of economics, supply and demand, are arguing for an upward revaluation of gold" states billionaire and chairman of the Tigris Financial Group, Thomas Kaplan, in a recent Forbes commentary.

Dr. Kaplan explains that basic rules of supply and demand are driving gold higher as investor demand for currency diversification and capital appreciation combined with increased demand from central banks such as China and India create a "perfect storm" for gold. "I would argue that any time the consumers of the two largest countries in the world are competing for a scarce asset, the rest of us should consider owning it."

According to Dr. Kaplan, "Gold has been the safest and most profitable financial asset in the world over the last decade" and investors and bankers now recognize gold's value as an asset with intrinsic value that is not dependent on obligations from other parties to pay off. ("Gold Will Keep Going Up", Forbes.com, May 24, 2010)

Read full article here.

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*Goldline recommends that precious metals and rare coins be held for a minimum of 3-5 years.