CNNMoney.com featured Peter Mayer client Blanchard and Company, America’s largest and most respected retailer of rare coins and precious metals, as its lead economic resource in a special feature article on the future of gold and commodities prices for 2011. Blanchard Vice President of Marketing and Economic Research David Beahm provided his insight into why gold had such a successful run in 2010 and why Blanchard sees it going higher in 2011.
Beahm analyzed the current market using many of the company’s key messages, including dollar weakness, additional stimulus, unemployment and government purchase of long-term bonds, as reasons why Blanchard thinks investors should diversify their portfolios with gold, as it is an asset that performs strongly when the economy is weak.
“The economic improvement in the U.S. is not as rosy as you might think. The Fed is going to have to continue printing money and that makes gold extremely attractive,” Beahm said.
In addition to the 5.4 million weekly site visitors to CNNMoney.com, the article was also picked up by NPR.com and Forbes.com, and the original article was retweeted (PDF) more than 50 times on Twitter, generating an additional 350,000+ impressions on the popular social networking channel.