Buy Gold To Cash In On Unstable Euro

Gold has always been a safe haven asset in times uncertainty. So with the euro under threat, there is more reason than ever for investors to hold gold in their portfolios

There are a number of reasons why you as an investor might want to hold gold in your portfolio: it's a safe haven asset in times of international uncertainty - reaching its peak following the invasion of Afghanistan by the Soviet Union; it's a traditional hedge against inflation - which explains why the price of bullion firmed with the recent jump in oil prices; and it has a negative correlation with other asset classes with its value, unlike equities, bonds or cash, not dependent on a promise from any agency.

Companies can go to the wall, borrowers can default on their bonds and currencies are debased as governments lose control of public spending and inflation. All of which pushes up the price of bullion.

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Brian has contributed to MoneyWeek with his expertise in investment strategy, for example how to quadruple your dividend income and how to navigate through the stock market in the 2008 financial crisis. He’s also touched on personal finance such as the housing market and the UK economy.