Answer
Feb 24, 2025 - 03:47 PM
Traditionally, wealthy, aristocratic European and Asian families have kept a substantial percentage of their assets in gold as a protective factor. However, the long-term economic picture for the United States has changed enormously over the past several years. As a result, that same philosophy has taken hold in the United States, particularly among those interested in preserving their wealth both for themselves and for their families from one generation to the next. In recent years, we have helped many family trusts diversify with gold coins and bullion at the advice of their portfolio managers. Few people know that the United States is the third-largest consumer market of gold after China and India.
