Gold’s Value in Turbulent Times: An Interview with Marc Lubaszka, President of Aurum Advisors

12 June 2009 @ 05:01 pm EDT

Global investment demand for gold has hit record highs and supply has continued to diminish worldwide. Why have investors gone into gold in record numbers? Here with us today is Aurum Advisors President Marc Lubaszka to shed some light on this precious commodities rise and what to expect from this point going forward. He has successfully predicted several major moves in various markets over the last ten years while most experts have fallen short. He predicted oil to rise substantially when it was sitting at $14 a barrel in 1999 up 500% since then. He suggested investors buy gold at $265 an ounce in 2000 $11 above its 22 year low. Gold is up 300% since then. He began recommending investors get out of the U.S. dollar in 2002 before the dollar dropped over 30%. He suggested exiting real-estate in 2004 about 6 months before its collapse. Now he is suggesting investors increase their gold holdings. With that type of track record would you entertain the idea of buying gold?

Gold’s Value in Turbulent Times: An Interview with Marc Lubaszka, President of Aurum Advisors

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