The value of the actual dollar has decreased over the past few months in large part to the world economy and our trade deficit with other nations. If U.S. money, were backed by U.S. gold, there would be over $42,911 dollars for every one ounce of gold !The total value of all the paper money and bonds in the world is about $100 trillion, and all the gold ever mined in all of human history is just under about 5 billion ounces. That’s $20,000 per ounce! There has been reported shortages of gold and world banks in China, Russia, and South Korea are all buying back gold.
Investment experts have long-recommend portfolio diversification and that 10% to 20% (and sometimes more) of an investor’s assets be devoted to tangible assets such as gold, silver and platinum bullion and bullion coins. That’s prudent asset diversification strategy at any time. But in today’s uncertain political and economic environment, there are many (and very sound) reasons to consider investing in precious metals now.

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