Capital Gold Group, Inc Launches `Gold Affiliate Program for Financial Advisors Nationwide
Released on: June 28, 2008, 4:22 am
Press Release Author: Brenda Whitman (Post/Designation: Manager)
Industry: Financial
Press Release Summary: The Gold Affiliate Program enables financial advisors, planners, and consultants to offer their clients physical gold assets for either direct delivery or direct ownership in Gold IRA Plans through their enrollment in the program.
Press Release Body: Los Angeles, April 25, 2008 -- Capital Gold Group, Inc. today announced the official launch of its "Gold Affiliate Program" for financial professionals, the first known program of its kind in the U.S.
The Gold Affiliate Program enables financial advisors, planners, and consultants to offer their clients physical gold assets for either direct delivery or direct ownership in Gold IRA Plans through their enrollment in the program.
As part of the program, Capital Gold Group, Inc. provides financial advisors full training and support, and access to a variety of gold types for their clientele, from gold bullion in IRA plans to scarce coins minted prior to the gold confiscation of 1933 for direct delivery. Since 2001, turbulent economic times around the world including the terrorist attacks of 9/11 and the subprime credit and liquidity crisis have increased investor demand for gold by 300% according to the World Gold Council. In addition, recent power shortages which threaten to continue in South Africa, as well as increasing demand from the "BRIC" countries - Brazil, Russia, India, and in particular China, have strained reserves of the natural resource. According to BlackRock's precious metals investment veteran Graham Birch, gold supplies are at an all-time low and may drop by as much as 15% over the next five years, adding tension to the supply/demand equation. Financial advisors nationwide are invited to learn more about the advantages of adding a hard asset allocation in physical gold to their clients' portfolios as a means of "insuring" the portfolio against total loss, and as protection and preservation of long-term savings and retirement accounts substantially held in U.S. dollar-denominated assets, such as stocks, bonds, and mutual funds.
In an interview today, Jonathan Rose, President and CEO of the Capital Gold Group, Inc., who is spearheading the program, stated, "Physical gold is the "missing link" in most portfolios today. Every investor needs gold as portfolio insurance."
Jonathan Rose is a recognized speaker and commentator on worldwide gold markets including the United States, China, Singapore, Hong Kong, India and Europe. He can be heard on syndicated talk radio programs throughout U.S. Capital Gold Group, Inc. has main offices in Los Angeles and London.
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