Is owning gold considered 'wealth insurance?'

How does gold compare to other investments?

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Douglas Goldstein,

Gold bars (illustration)
Gold bars (illustration)
Thinkstock

Doug Goldstein, CFP and director of Profile Investment Services Ltd., and Rich Checkan, President of Asset Strategies International, discuss the benefits of owning and investing in gold.

Rich breaks down the value of gold and why it is a smart investment, no matter what the economy. He also warns against unreputable dealers and how to avoid them.



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