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Gold 'protects against uncertain times'

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Monday, 29th June 2009 (887 views)

Investors have been urged to consider adding gold to their portfolios in order to protect against financial uncertainty.

Jay Johnson, former director of the US Mint, has become a spokesman for Goldline International, which offers gold coins to investors.

He explained that he is a strong believer in the need to hold a range of assets and emphasised the benefits that gold can bring.

President and chief executive of Goldline Mark Albarian, meanwhile, stated: "During these unsettled economic times, we believe it's especially important for people to learn more about diversifying their portfolios with gold coins."

Mr Johnson was the 36th director of the US Mint, which produced a record number of 26 billion coins under his supervision in the 2000-01 financial year.

Last week, figures released by the organisation revealed that sales of American Eagle gold coins in the US had risen by 25,000 pieces over a seven-day period.

 

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