Bill Zielinski

Gold Marks Two Important Milestones

The advantage of owning gold has also increased recently due to the fact that most "safe" financial assets now yield zero interest.

So what is better to own? "Safe" treasury bills that yield zero interest while dollars fly off the printing press by the trillions or gold? An easy choice in my book.

Also, gold is a relatively small asset class compared to the value of holdings in stocks, real estate, money funds, etc. Even a small reallocation of funds from paper assets to gold would have a huge impact. At some point i would not be surprised to see the value of gold quickly double in a short period of time.