Doing what it does best for 6,000 years! Protect wealth!

I have followed the good advice from Agora Financial and the Daily Reckoning now for seven years. Here is an excerpt from an article written on 2/23/10 from their daily missive:

The Sovereign Debt Disaster

by Egon von Greyerz - Matterhorn Asset Management
Zurich, Switzerland

“Therefore, as many paper currencies become virtually worthless in the next few years, gold will continue to do what it has done for 6,000 years. It will maintain its purchasing power and therefore appreciate substantially against all paper currencies. The recent correction in gold is the weak hands getting out of speculative positions in the paper gold market. There has been virtually no selling in the physical market. So far gold has gone up more than four times in the last ten years in a stealth bull market that very few investors have participated in. There is no other asset during this period that has given such an excellent return whilst at the same time providing the highest form of wealth protection (provided it is physical gold).”

Gold coins provide peace of mind like no other investment as we watch the potential bankruptcies of nations and states. A gold coin in your hand means security!