Why Invest in Gold shares? (Present intention about 70%)

• Gold should continue to perform as a “safe haven investment” relative to most asset classes,  US Dollar weakness and inflation fears;
  
  
• Even if equity markets continue to recover, gold is likely to be underpinned by increasing fears of post-recession inflation and US Dollar weakness;
  
  
• The gold market has recently been driven by the emergence of gold-backed Exchange Traded Funds which surged in the first quarter of 2009, growing by US$15 billion to US$49 billion in value and for the first time, eclipsing demand from the traditional gold demand stalwarts, jewellery and industrial fabrication;
  
  
• Gold shares in the credit crunch lagged the rise in the metal and are relatively more attractive at the present time.