• Home
  • |
  • Gold ‘Important’ Safe Haven to Consider During Times of Global and Civil Uncertainty | The Value in Paper Gold

April 20, 2022

Gold ‘Important’ Safe Haven to Consider During Times of Global and Civil Uncertainty | The Value in Paper Gold

Article by Talia Kaplan in Fox Business 

Lane Generational managing partner and founder Fred Lane stressed the need to invest in “real assets” on Tuesday, arguing that that gold is “important” to consider as the commodity is a safe haven.

Lane made the argument on “Mornings with Maria” on Tuesday ahead of the release of the highly anticipated consumer price index, which provided a fresh look at just how hot inflation ran in March.

“One of the assets that we think is important to consider, frankly, is gold,” Lane told host Maria Bartiromo. “Not only gold as an asset, but also the gold streamers and the gold miners.”

“There’s 20 times more paper gold out there than there is real, physical reserves of gold in the world,” he added.

Lane then clarified what he means when he references “paper gold.”

“These are options, these are futures contracts, so there’s a huge multiplier effect out there where existing physical gold has been hypothecated,” he continued. “In the event that enough investors were to basically say, ‘I want physical gold, I want the gold delivered,’ we would have a run on gold. It would be incredible.”

Inflation soared in March to a new four-decade high as the Russian war in Ukraine fueled rapid price gains for oil and gas that wiped out the benefits of rising wages for most Americans.

The consumer price index rose 8.5% in March from a year ago, according to the new Labor Department report released Tuesday, marking the fastest increase since January 1982, when inflation hit 8.4%. The CPI – which measures a bevy of goods ranging from gasoline and health care to groceries and rents – jumped 1.2% in the one-month period from January.

See also
While We Wait on Silver & Gold, Do This

“I also think we’ve had such fiat currency debasement globally that I think people are looking at gold as a safe haven,”Lane said. “We certainly see it as a safe haven.”

“We think the price is depressed frankly because of the impact of paper gold,” he continued. “We think that will reverse itself.”

Lane predicted gold will hit $2,500 an ounce one year ……

To read this article in Fox Business website in its entirety, click here.

Would you like your investment portfolio to meet the gold standard?

Gold Investment Review works with an extensive network of Gold IRA partners. Complete our simple investment questionnaire, and we’ll match you with the right partner to help you grow your portfolio.

Highest Customer Ratings For Gold IRA Companies

 AVG. 

Rating

4.9

Over 550+ total reviews

  • Highest overall average customer reviews
  • Largest investor resource team
  • The most trusted gold IRA company in the United States

 AVG. 

Rating

4.8

Over 340+ total reviews

Related Posts

Gold-Filled or Gold-Plated? Knowing the Difference is Important

Gold-Filled or Gold-Plated? Knowing the Difference is Important

Top Valuable Coins to Look Out For | Factors for Determining a Coin’s Value

Top Valuable Coins to Look Out For | Factors for Determining a Coin’s Value

What Will The Price of Silver Be in 10 Years | Silver IRA Pros and Cons

What Will The Price of Silver Be in 10 Years | Silver IRA Pros and Cons

Gold IRA Rollover Guide – Should I Do a Gold IRA Rollover or Gold IRA Transfer?

Gold IRA Rollover Guide – Should I Do a Gold IRA Rollover or Gold IRA Transfer?
Photo is a selfie of Nathan Rosevear

Nathan Rosevear

Nathan offers insights and reviews around the highest rated precious metal IRA specialists. He is an investor in gold and silver industry.
His passion is helping Americans secure their finances through stable investing and provides such help by blogging valuable information for investors to make sound financial decisions.
Do you want some help figuring out your precious metals Investment? Feel free to give me a call at 604 603 7953.
Let me connect you with the best in the business based on your financial situation and help you save some time and maybe save you some hard earned money.
Nathan Rosevear is not a financial advisor. No financial advise will be given on phone calls. Investors are urged to seek professional advice when necessary.
Gold Investment review is paid to recommend some of the services listed on this website by referring you to the right companies. No additional cost is attributed to the investor.

Get in touch