Table of Contents “Currency Without a Country”<br><font size=2><div align=right>(World Gold Council)</div>
Why invest in Gold?


Important factors helping gold prices are:
  1. Underperforming equity markets — gold is negatively correlated with the S&P 500.
  2. Deficit spending and zero real rates of return on T-bills trigger a weaker dollar.
  3. Gold mining companies have announced a continued reduction of hedge programs.
  4. Continued presence of physical demand despite real price rises.
  5. Renewed fund interest has seen hedge fund position on COMEX rise to levels seen in 1996.
  6. Investment demand in Japan has risen five fold over the past year.
  7. Changes in the supply side due to falling new gold mine production are bullish for bullion prices.
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