The gold investor
Ever wonder what’s the profile of a typical gold investor? Well base on what I have searched, traditionally, wealthy aristocratic European and Asian families have kept a strong percentage of their assets in gold as a protective factor. That same philosophy has caught hold in the United States over the years, particularly in the upper middle class, and there are a number of investors who buy gold bullion and add it to their portfolio on an on-going basis as part of a regular gold savings program. This has been good for gold. But the heavy buying is concentrated in the professions and among people who own their own businesses. Those with family wealth have also moved to diversify into gold in recent years. So to protect family’s wealth and have a liquid savings, gold is the best way to be.