Who’s Who Of Gold Investing

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Who’s Who Of Gold Investing

Who’s Who Of Gold Investing by Frank Holmes

March 10, 2015

Last week I was honored and humbled to be included in American Bullion’s list of “11 powerful people and their insights on gold.” Among the investment giants and thought leaders who also appear on the list are publishing executive Steve Forbes, Mad Money’s Jim Cramer, former Texas Congressman Ron Paul and former Federal Reserve Chairman Alan Greenspan.

Good company, indeed.

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All of my fellow gold investors offer scintillating insight into gold investing, much of which I’ve often shared myself—most notably Greenspan’s comment that “gold has special properties that no other currency, with the possible exception of silver, can claim.”

Gold’s value, after all, is not dependent on the credit guarantee of any world government and is universally accepted as a form of payment. If this were not the case, why else would global central banks bother to hold the precious metal? Why else would we be seeing them repatriating their gold reserves from foreign institutions?

Or consider hedge fund manager Kyle Bass’s keen observation that unlike paper money, “they can’t print any more [gold]. They can mine some more, but they can’t print it at the rate central banks are printing.”

Whereas there’s only a finite amount of the yellow metal available to be exhumed from the earth, global central banks are printing money at a furious rate as if it were imaginary Monopoly paper.