GOLD … Are the Bulls
Still Running?
Rich Checkan, Vice President
Asset Strategies International, Inc.
• Fertile crescent
A Brief
History
• Value relationship
between gold and silver
• Gold as money
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• Gold standard
A Brief
History
• Bretton Woods
• ―Official‖ prices
• Gold window closed
(continued)
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Barbarous
Relics
―When you buy gold
for the right
reasons, there is
no such thing as
the wrong price, or
the wrong time.‖
Jon Nadler
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Why
Buy
Gold?
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• Store of value
Gold as
Wealth
Insurance
• Liquidity
• Safe haven
– Geopolitical unrest
– Economic crisis
• Diversification
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Currencies vs Gold Chart
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• Deflation
Know
Your
Enemy
• Monetary expansion
• Unbridled stimulation
• Inflationary recession
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$1,250.00
$1,200.00
$1,150.00
$1,100.00
$1,050.00
$1,000.00
$950.00
$900.00
$850.00
$800.00
$750.00
$700.00
$650.00
$600.00
$550.00
$500.00
$450.00
$400.00
$350.00
$300.00
Gold vs U.S. Dollar
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$20.00
$19.00
$18.00
$17.00
$16.00
$15.00
$14.00
$13.00
$12.00
$11.00
$10.00
$9.00
$8.00
$7.00
$6.00
$5.00
$4.00
Silver vs U.S. Dollar
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Platinum vs U.S. Dollar
$2,100.00
$1,950.00
$1,800.00
$1,650.00
$1,500.00
$1,350.00
$1,200.00
$1,050.00
$900.00
$750.00
$600.00
$450.00
$300.00
$150.00
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Palladium vs U.S. Dollar
$550.00
$500.00
$450.00
$400.00
$350.00
$300.00
$250.00
$200.00
$150.00
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How’s
the
Dollar
Doing?
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• Supply and demand
Gold for
Profit
• U.S. dollar strength or
weakness
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but there’s no return on precious metals
Gold
325.00
300.00
275.00
250.00
225.00
200.00
175.00
150.00
125.00
100.00
75.00
50.00
25.00
0.00
-25.00
-50.00
Silver
Platinum
Palladium
% Gain January 2001 - April 2010
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Where Does Gold Fit?
Futures/
Options
Profit
Numismatics
Precious
Metals
Protection
Precious
Metals Coreholdings
Foreign
Exchange
Net Worth
Mutual
Funds
Stocks &
Bonds
Home
Equity
Foreign
Exchange
Health & Life
Insurance
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• Bullion coins and bars
How Do
I Buy
Gold?
• Numismatics
• Certificates
• Futures and options
• Mining stock and mutual
funds
• ETFs
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BENEFITS
Coins
and
Bars
+ Liquidity
+ Low premiums
CHALLENGES
—Storage
—Shipping/handling
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BENEFITS
+ Potential high returns
Numismatics
+ Objectivity
CHALLENGES
—Less liquid
—High premiums
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BENEFITS
+ Safety
Certificates
+ Low cost
CHALLENGES
—Third party storage
—Less agile
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BENEFITS
Futures
and
Options
+ Leveraged returns
+ Low cost delivery
CHALLENGES
—Poor success rate
—Requires expertise
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Mining
Stocks
and
Mutual
Funds
BENEFITS
+ Leveraged returns
+ Diversified holdings
CHALLENGES
—No metal ownership
—Can move counter to
gold
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Exchange
Traded
Funds
(ETFs)
BENEFITS
+ Agility
+ Low minimums
CHALLENGES
—Ongoing fees
—Safety
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What’s
Best for
You?
• Everyone’s situation is
different
• For most - a combination
is best
• Consult with an expert
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• Acquire gold on dips
Action
to
Take
• Visit with me here in
Montreal
• Become a TRILLIONAIRE!
• Keep up-to-date
– Information Line newsletter
– Always Something
Interesting Alerts
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Contact us at ASI
Michael Checkan,
President
[email protected]
Glen O. Kirsch, Executive Vice
President
[email protected]
Richard M. Checkan, Vice
President
[email protected]
Kevin C. Drost, Manager, Preferred Client
Relations
[email protected]
1700 Rockville Pike, Suite 400
Rockville, Maryland 20852-1631
301-881-8600 - 800-831-0007
www.assetstrategies.com
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