Page 40 - Introduction to investing in Gold

The Beginner's Guide to Investing in Gold
source: Suisse Gold
II’ve included this because it shows several occasions when having some gold in your portfolio could have offered some protection when the S&P corrected.
Please bear in mind that the charts refer to COMEX Gold and not gold and silver mining shares. I would expect mining shares (see Chapter 4 for more information on these) to also go down in a correction. However, they sometimes recover well as people often turn to gold as a “safe haven” asset.
Again, my point is really simple. What do you have in your portfolio to help protect you if there is a market correction? Obviously, there are no guarantees, but it may make sense to speak to your financial adviser about having some gold.
Cash For Gold
In difficult times, you are likely to see more and more organisations offering “cash for gold”. Although this can be a useful way of getting cash if you are desperate for it, if you’ve got more time, it may make sense to have a closer look at the potential value of your item.
A cash for gold buyer is primarily interested in the weight and purity of the
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