Many investors are fearful that the end of gold’s run is near, and you can’t blame them one bit! But those who buy gold now (even with possible further declines that may be as low as $1200/oz) could very well be the ones that make out like bandits in the end. Central banks remain net buyers, having boosted their holdings by more than 15 million ounces in 2012 and this could double in 2013. Historically, fiat currency is at risk and gold continues to represent real wealth and for that reason, we will continue to buy. Not all at once but dollar cost averaging into this shiny metal over time can ultimately bring a big boost in profits.
To answer the question, we think yes, gold is still sexy and leaner and meaner too! We like mixing this precious metal with certified numismatic coinage as part of a carefully reasoned, practical and well-proven investment strategy.