How Gold and Commodities Will Protect Your Portfolio Value Seattle WA

Gold and other commodities continue to be safe havens for investors. As the European debt crisis continues to escalate, and the US stock market performance remains uncertain, many analysts believe that the price of gold and other commodities will continue to push higher. See the following article from Money Morning for more on this.

Ethan Broga
Empirical Wealth Management
(206) 923-3474
1420 Fifth Avenue, Suite 3150
Seattle, WA
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Tax Planning, Retirement Plan Investment Advice, High Net Worth Client Needs, Hourly Financial Planning Services
Certifications
NAPFA Registered Financial Advisor, CFP®, MS

Karen O'Brien
trueNorth Financial Services, LLC
(206) 652-4314
1411 Fourth Avenue, Suite 1500
Seattle, WA
Expertises
Helping Clients Identify & Achieve Goals, College/Education Planning, Tax Planning, Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA

Eric Turloff
Turloff Financial Consulting, Inc.
(206) 842-1422
701 5th Ave
Seattle, WA
Expertises
Ongoing Investment Management, Retirement Plan Investment Advice, Tax Planning, Advising Entrepreneurs, Planning Issues for Business Owners, Cash Flow/Budgets/Credit Issues
Certifications
NAPFA Registered Financial Advisor, BBA, CFA, CPA

Frederic Kutscher
Kutscher Rhodes & Benner, Inc.
(206) 382-4414
705 Second Avenue, Suite 800, Hoge Building
Seattle, WA
Expertises
Estate & Generational Planning Issues, Ongoing Investment Management, Tax Planning, Charitable Giving - Trusts & Foundations, Advising Entrepreneurs, College/Education Planning
Certifications
NAPFA Registered Financial Advisor, BA, CFP®, JD, MS

Michelle Fait
Satori Financial LLC
(206) 320-9263
1001 Fourth Avenue, Suite 3200
Seattle, WA
Expertises
Tax Planning, Helping Clients Identify & Achieve Goals, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, EA, MBA

Therese Govern
trueNorth Financial Services, LLC
(206) 652-4314
1411 Fourth Avenue, Suite 1500
Seattle, WA
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Retirement Planning & Distribution Rules, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, CPA, MBA

Ben Jennings
SoundView Advisors
(360) 867-9890
1700 Seventh Avenue, Suite 2100
Seattle, WA
Expertises
Ongoing Investment Management, Advising Medical Professionals, Women's Financial Planning Issues, Retirement Planning & Distribution Rules, Insurance Related Issues, including Annuities, Estate & Generational Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, CLU, CPA/PFS

Joseph Hebert
trueNorth Financial Services, LLC
(206) 652-4314
1411 Fourth Avenue, Suite 1500
Seattle, WA
Expertises
Ongoing Investment Management, Retirement Planning & Distribution Rules, Helping Clients Identify & Achieve Goals
Certifications
NAPFA Registered Financial Advisor, CFP®

Elaine Scoggins
Merriman, Inc
(206) 285-8877
800 5th Avenue, Suite 2900
Seattle, WA
Expertises
Ongoing Investment Management, Helping Clients Identify & Achieve Goals, Women's Financial Planning Issues
Certifications
NAPFA Registered Financial Advisor, CFP®, ChFc

David Lamp
BBJS Financial Advisors, LLC
(206) 682-4840
1501 Fourth Avenue, Suite 2880
Seattle, WA
Expertises
High Net Worth Client Needs, Alternative or Private Investments, Hourly Financial Planning Services, Planning Concerns for Corporate Executives, Ongoing Investment Management, Retirement Planning & Distribution Rules
Certifications
NAPFA Registered Financial Advisor, CFP®

How Gold and Commodities Will Protect Your Portfolio Value

Gold and other commodities continue to be safe havens for investors. As the European debt crisis continues to escalate, and the US stock market performance remains uncertain, many analysts believe that the price of gold and other commodities will continue to push higher. See the following article from Money Morning for more on this.

gold euro
With so much uncertainty in the U.S. stock market - not to mention the debt-contagion concerns emanating from Greece and other European Union (EU) countries - it's more important than ever for investors to hold "hard assets," such as gold and other commodities.

In my view, what's happening in Europe is particularly important for investors to be aware of and understand. The so-called "shock-and-awe" bailout strategy undertaken by the EU and the International Monetary Fund (IMF) - which establishes a $1 trillion rescue package for member-countries facing financial crisis - will not be the answer.

The Looming Inflation Contagion

When it comes to sovereign-default concerns, Greece has so far been the chief culprit. The rescue plan is meant to "scare off" would-be speculators looking to short the euro currency and the bonds of afflicted nations. That may work for a time, as some doubt has been removed by this backstop bailout.

The economies of the more fiscally responsible nations are themselves not back to full health: Many of these nations are also saddled with large debts and ballooning deficits. Economic growth is near - or at - zero. Unemployment is high. And the prospects for a major near-term improvement just aren't that strong.

The bailout plan may provide reassurance for now, but what will happen when the next euro-member country shows up - hat in hand - looking for a loan?

Any funds to be provided to cash-strapped nations unable to refinance their maturing sovereign bonds are likely to come from printing more currency, leading to rampant inflation. Even if governments find ways to underreport inflation, it will nevertheless show up in our outlays for rent, food, fuel, and other daily expenses. The typical consumer will come to doubt the very fiat money he uses daily, as well as the official inflation statistics reported by his government.

Economic weakness tempts nations to devalue their currencies in order to make their exports cheaper in the eyes of consumers in other countries, as well as to stimulate business. The problem is more and more nations have the same goal, simultaneously leading to a "competitive devaluation."

When fiat currencies lose value because there's more "paper" in circulation, that's always measured against something. If they're racing each other to the bottom, then it's the "tangibles" that gain in value, as it takes increasing amounts of paper currency to buy a unit of a given commodity. If you add to that a scenario of serious inflation or even hyperinflation, then hard assets could exp...

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