You are here: Los Angeles Business and Finance

Business News

Capital Gold Group, Inc. Helps Financial Advisors Provide Gold to Clients Nationwide

Distributed by Press Release

LOS ANGELES (Map) - LOS ANGELES, May 20 /PRNewswire/ -- Financial advisors across the nation may now offer physical gold assets directly to their clients through a unique new Gold Affiliate Program designed by Capital Gold Group, Inc. CEO Jonathan Rose.

As gold climbed back over $920 today, Mr. Rose introduced the program to a new group of financial professionals stating, "Physical gold is the 'missing link' in most portfolios today. Every investor needs gold as portfolio insurance, and we know financial advisors have been looking for a way to include physical gold as an asset allocation strategy in their clients' long-term financial planning."

Through CGG's Gold Affiliate Program, financial professionals are now providing a variety of physical gold assets to their clientele, from direct ownership of physical gold in Gold IRA plans, to gold bullion and pre-1933 gold coins for direct delivery.

As a result of the training and support provided to them through the program, financial advisors are in turn educating their clients on the advantages of adding a hard asset allocation in physical gold to their portfolios as a means of "insuring" the portfolio against total loss, and as protection and preservation of long-term savings and retirement accounts substantially held in assets based in shrinking U.S. dollars, such as stocks, bonds, and mutual funds.

Gold is holding its attraction as a safe haven for investors attempting to navigate the choppy waters of fragile paper investments, volatile equities, a falling dollar and a worsening macroeconomic outlook in the U.S. Until now, investors seeking the protection of physical gold assets were forced to look outside their financial professional for a trustworthy source of information and products.

"Gold has a long history of providing a hedge against inflation, the weak U.S. dollar and geopolitical tension, and has solid value as a long-term investment," says Graham Birch, manager of the highly regarded BlackRock Merrill Lynch Gold & General Fund. He believes the price is underpinned by strong fundamentals such as limited supply and demand from investors and consumers.

According to the World Gold Council, since 2001, turbulent economic times around the world, including the terrorist attacks of 9/11 and the sub prime credit and liquidity crisis, have increased investor demand for gold by 300%.

Jonathan Rose is a recognized speaker and commentator on worldwide gold markets including the United States, China, Singapore, Hong Kong, India and Europe. He can be heard on syndicated talk radio programs throughout U.S. Capital Gold Group, Inc. has main offices in Los Angeles and London.

     Websites:
     http://www.safeasgold.com
     http://www.thecapitalgoldgroup.com
     http://www.IRAgold.com

pr