The Financial Planning Institute is the premier institution that provides a regulatory environment/voice for financial planners and investors in South Africa. The highest designation of Certified Financial Planner is awarded through the FPI and they have the bulk of the best financial planners in South Africa subscribed and enrolled with them. During June last month the FPI conducted its annual convention. The theme was “Practical Advice to Survive the Perfect Storm” a theme we have over the last few years continually warned about at NUcapital Precious Metals.
It seems that urgency is now stirring in the main stream of the financial planning profession. Awareness is growing that the monetary policies and perpetual printing of ever devaluing paper money is not creating a solution to the problem of rising inflation and slowing growth. Subsequent to the convention, Britain has divorced them from the European Union and other disgruntled members are staring at the door with an Exit sign ahead. There are rumours that certain banks in Europe are on the verge of collapse, creating even more disillusionment to the sustainability of the paper markets in general.
Gold and silver has been the recipient of good growth this year so far. Gold is up about 30 % in Rand terms and Silver is up about 40 % since the lows of December 2015. It is fortunate for those investors who have been afforded the opportunity to create wealth through investing in silver and gold this year and in previous years where the markets/economies have failed. Gold shares have in some instances tripled from their oversold lows and sweetened portfolios tremendously just in the last 6 months.
The unfortunate truth is that too few people understand the monetary value of gold and silver, and that these precious metals have over hundreds of years always negated the loss of paper markets and cyclical economic environments that are changing. Too few financial planners and investment specialists have the capacity to offer these precious metals based forms of investment to their clients and lack the regulatory mandate to do so.
Nucapital Precious Metals incorporates sound financial planning principles when dealing with the precious metals and ensures that the client understands the difference between the wide spectrum of investments that are available to them.
It is clear that everybody who is looking at the markets sees the risks and the potential pitfalls that are here and still on the horizon. The professionals of the highest order in South Africa are planning for it as we can see from their convention.
Nucapital Precious Metals Industries uses hard assets in the form of gold and silver and other precious metals to insure your paper based investments against these pending market corrections.
Please see an excerpt from the invitation. Anton Swanepoel is the Coordinating Chairperson of the Financial Planning Institute.
[su_quote cite=”Anton Swanepoel : Coordinating Chairperson of the Financial Planning Institute.”]The Organising Committee agreed that political instability, poor economic growth, the effects of drought, rising inflation, rising costs, rising interest rates, a vulnerable currency, a potential downgrade, disruptive technology, radical innovation, new competitors, changing demographics, market volatility and onerous regulation are only some of the many external challenges that advisory businesses face in 2016.
Swanepoel believes that sometimes even the most experienced financial planners have to dig deep to prevent negativity and fear from clouding business decisions. In an environment which some commentators have referred to as the perfect storm, financial planners are being forced to re-imagine their business strategies.
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