Gold investment offers an attractive store of value in times of uncertainty caused by factors such as global political instability, the war against terrorism, weak stockmarkets and US dollar volatility.

Investing in gold and gold-related companies with their low correlation to other assets offers an opportunity for true diversification within investment portfolios.

The demand for gold as an alternative investment asset increases when confidence in paper assets declines - this is particularly relevant when investors are faced with weak stockmarkets and generally poor corporate profitability combined with questionable accounting practices.

Gold has a negative correlation to the US dollar and typically increases in value as the dollar weakens.

Gold is a proven hedge against inflation and deflation.

The gold market supply/demand fundamentals are attractive with global gold production peaking and the economic environment supportive of continuing investment demand.

Small/medium capitalisation gold producers offer the opportunity for above average growth potential.

Gold is still inexpensive relative to financial assets on a historical basis and can be seen as being - despite recent rises - in the early stages of a long term bull market.

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