The Gold Report: Matt, in the February 2012 edition of Stansberry’s Investment Advisory, Porter Stansberry predicted gold would hit $9,600 an ounce (oz) someday. How should investors protect themselves from this coming crisis?
Matt Badiali: In general, I agree with Porter’s thesis. Bullion—gold, silver coins or bars—should be part of everyone’s portfolio. It is one of the best anchors against inflation. Gold and gold stocks also are important holdings because as the value of paper money falls, the value of gold rises.
TGR: Stock prices have not gone up as much as the … [visit site to read more]