LONDON, 25 March 2011 - World No.1 gold ownership service online, BullionVault features today in a widely syndicated report from the Pittsburgh Post-Gazette.
Quoted alongside financial advisors, investment managers, mining-stocks analysts and the gold-market's development group, the World Gold Council, "The reason gold is rising is the real returns paid on cash is negative," says Adrian Ash, head of research at the London-based gold ownership service.
"You put money in the bank today, and you know it will be worth less 12 months from now...Your purchasing power is shrinking."
Recent analysis by BullionVault, also cited by the Pittsburgh Post-Gazette, says the present fair value of gold, based on its inflation expectations, is nearer $3800 an ounce.
You can learn more about that Gold Value analysis here. Or read the Pittsburgh Post-Gazette's story here...Gold bullion - Buy online at live gold prices.
