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Liberty Through Wealth

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Gold ChartDo you own gold?

Somebody recently decided to buy a lot of it...

And I think I know why.

Click here for details on a brand-new way to invest in gold.

Note from Managing Editor Allison Brickell: When COVID-19 tore across the country in 2020, another major event occurred that got far less news coverage...

Gold production - which has been a mainstay of humankind for the last 5,000 years - came to a screeching halt.

This once-in-a-lifetime change got Oxford Club Chief Income Strategist Marc Lichtenfeld thinking...

Could this be setting up a MASSIVE supply shortage for gold... at a time when gold demand is suddenly going through the roof?

Marc has the answer... and, even better, he has a plan.

Click here to discover Marc's foolproof investing strategy. And read on for his take on gold's place in your portfolio.

THE SHORTEST WAY TO A RICH LIFE

Should You Buy Gold Now?

Marc Lichtenfeld | Chief Income Strategist | The Oxford Club

Marc Lichtenfeld

Gold seems to make headlines every day now.

If you don't own any gold, should you buy some now? If you already own some, should you buy more?

I've never been a huge gold bug. You're supposed to own gold for a number of reasons, including having it as a store of value when the spit hits the fan.

Some claim that with countries, especially the U.S., printing money as fast as possible, ballooning the debt and devaluing their paper-based currencies, gold is the only real money.

But gold doesn't generate dividends or produce cash flow and is worth only what the next person is willing to pay for it. As you may know, I like my investments to pay me cash on a regular basis.

That being said, I do believe gold belongs in your portfolio - especially right now.

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Over thousands of years, gold has more or less kept up with inflation. There's an old axiom that an ounce of gold typically has the same value as the price of a man's quality suit.

Obviously, the price of gold will have strong moves higher and lower, but over time, that is generally perceived to be the value.

I have reason to believe that it could go even higher THIS year. Click here to learn more.

But that is precisely why you should own a little bit of gold. Because it does make these very strong moves higher when conditions are right.

And right now, the conditions are right. There is currently a MASSIVE gold shortage. (Click here to see my latest research on the topic.) Try calling a gold coin dealer and see what kinds of premiums he charges you - that is if he even has any gold coins to sell.

Gold allows you to diversify your portfolio in a way that is not correlated with stocks.

Right now, stocks keep ticking higher, yet the price of gold recently hit a 10-month low. And that's a good thing. It allows investors to add gold or gold-related assets at low prices.

It's smart to have assets that don't move in conjunction with each other in your portfolio. That way, there is always something working even when markets are weak.

Gold is one of those noncorrelated assets.

Despite the fact that I am not a huge gold bug, I own some gold for this exact reason.

With the money printing press working overtime all over the world and inflation starting to tick higher, it makes sense to own gold or gold-related assets, which are noncorrelated to the stock market, in your portfolio.

Good investing,

Marc

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