"People still believe in gold, they still want it," notes fund manager - Wealth Management

Franklin Templeton exec says bullion still relevant in diversified portfolios

At a time when gold is in a bear market amid record outflows from investor holdings, bullion remains relevant in portfolios as inflation may accelerate, the U.S. dollar weaken and global economic growth stall, according to Franklin Templeton Investments.

"As part of an overall diversified portfolio, gold does serve a role because some of these things are still real risks as we look forward over the next 12 months," said portfolio manager Steve Land. ...

"When you're at your best health, you're feeling good, that's the time when your insurance policies are actually the cheapest," said Land. "It's been very volatile and painful on the way down but as a whole, a small allocation to gold as part of an overall portfolio still serves its purpose. Once you find out you're sick it's going to cost a lot more, it's going to be a lot more expensive." ...

"I've been very encouraged by the very significant uptick in demand from coins and jewelry," said Land. "People still believe in gold, they still want it. The next time around when investment interest comes back to the sector, it's going to be that much harder to price that gold out of people's hands and recreate some of those bars to fill the ETF vaults with."

More information can be found online at http://www.goldbullionadvisors.com