We see governments around the world cranking up the speed dials on the money printing presses further devaluing paper currency. We are told that a public works project built in 1932 for a cost of $20 million dollars equates to $3.2 Billion dollars in today’s money. What does that tell you about the shrinking value of the paper dollar? Adding physical precious metals to your investments portfolio is a good way to diversify yourself away from paper. But how many people actually do? In this interview with Reed Larsen, CEO of the American Gold Reserve, asks David Morgan, Editor of the Morgan Report, “How many people in the US own precious metals?”
Make sure you consult with your financial adviser before making any investments. All investments carry some potential of risk and their suitability vary depending upon your individual situation. Although the information presented here is believed to be accurate we make no guarantees as to its accuracy or completeness.
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2 thoughts on “How Many People Own Physical Precious Metals?”
Just imagine if 10% of the us pop invested 10% into pms in a year!
So if you hold 100 ounces your set if only 1% holds it and there’s not enou for eveybody to own 1 ounce. Everything more will be what makes you richer.