In the Casey Daily Dispatch Jeff Clark put together a lengthy compendium of recent of advice that analysts and managers have been publishing in their newsletters to clients.

July 29, 2011 – In the Casey Daily Dispatch Jeff Clark put together a lengthy compendium of recent of advice that analysts and managers have been publishing in their newsletters to clients. In aggregate they make a very compelling argument for investing in gold coins.

“There has been a general loss of confidence in the ability of central banks and governments to manage the economy,” said SICA Wealth Management’s Jeffrey Sica. “That will continue to give gold and other precious metals a boost” because of a “painfully high probability” of continuing trouble in the months ahead.

Clifford Bennett, Empire Economics’ chief economist, foresees an interesting supply side quirk: “There is risk in the second half of the year of a bit of a ‘panic spike,’ if you like, as everyone thinks there isn’t enough to go around and starts to hoard.”

But we cannot ignore demand, and Franco-Nevada Chairman Pierre Lassonde sees a global mania looming that will dwarf that of the 1970s when the only players were American: “58% of all the gold sold this year will be sold in [China and India]. When we reach that mania phase… watch out, because it will truly make your head spin.”

And the Chinese aren’t about to get scared away by high prices, says Antaike analyst Shi Heqing. “[Chinese investors] are likely to chase the rally and continue to buy gold because paper money feels increasingly worthless and they are worried about inflation.”

Individual investors are also expected to drive up demand. As reported in Reuters, “Potentially there’s a whole new market for small-sized gold bars if these investors lose faith in paper.”

Even though the Swiss franc is already one of the world’s strongest currencies, Thomas Jacob is leading a crusade for a new gold coin. “I want Swiss people to have the freedom to choose a completely different currency,” Jacob said. “Today’s monetary system is all backed by debt – all backed by nothing – and I want people to realize this.”

The list goes on, but you get the point. The need for protecting wealth with gold is going to get only stronger. The demand for gold has nowhere to go but up. The Chinese –the world’s consumer of gold – aren’t worried about prices. And the issuers of the world’s safest currency are moving to a gold alternative.

Plain and simple: gold coins make a darned good investment.

Kevin Johnson

Senior Staff Writer – GoldCoin.net