Why Invest? News and Media Why Gold? Gold has functioned as a store of wealth for over 5000 years. Physical gold is considered to be a true “safe haven” asset because it has no counter-party risk. Unlike currencies, bonds and other “paper” financial instruments, gold does not rely upon somone else’s promise to pay. The dot-com collapse of 2000 and the ensuing global credit collapse of 2008-2009 have helped position gold as the #1 performing asset class of the past decade. On average, gold has increased over 15% each year from 2001 to 2010. In response to the global credit collapse, central banks around the world have resorted to “quantitative easing” (money printing) as a means to shore up their respective currencies and economies. Trillions of dollars have been created. As the velocity of these dollars increases, so does the threat of inflation. Gold is often used as a hedge against inflation. Over the long term, gold has maintained its purchasing power in terms of the real goods and services it can buy. Gold is often used for portfolio diversification to help protect against fluctuations in the value of other investment assets. Gold is often used as a hedge against deflation. When confidence is lost in paper assets (currencies, stocks and bonds), gold is often seen as a flight to safety. Historically, gold has been used as a hedge against volatility in the U.S. Dollar. As the dollar goes up in value, gold tends to decline. As the dollar declines, gold tends to increase in value. Ultimately, gold is an insurance policy for uncertain economic times. Copyright  ©  2010  Golden Phoenix Minerals, Inc.  |  Terms of Use  |  Privacy Policy  |  Safe Harbor Statement  |  Contact Projects Leadership Royalty Mining Company News & Media Why Invest? Mineral Ridge Management Market Opportunity Company Snapshot Join Email List Why Gold? Ashdown Mine Board of Directors Royalty Mining Advantage Mission Statement Press Releases Why Gold Miners? Adams Mine Technical Advisory 24 Month Acquisition Plan Code of Ethics Conference Calls Why Junior Gold Miners? Northern Champion Committees Growing Team of Experts SEC Filings Company Videos Why Golden Phoenix? Upcoming Events Download Golden Phoenix’s PowerPoint Presentation 8/16/10 (PDF) Download Golden Phoenix’s Company Fact Sheet 8/16/10 (PDF) Thursday, August 26, 2010  Golden Phoenix Signs July 2010 Option Agreement to Acquire 80% Interest in Mhakari Gold and Silver Project - 24 Month Acquisition Plan Continues Wednesday, August 25, 2010  Golden Phoenix Advances 24 Month Acquisition Plan With July 2010 Signing of Purchase Agreement to Acquire 80% Interest in Vanderbilt Silver & Gold Project Tuesday, August 17, 2010 Golden Phoenix Pays Off Remaining $1 Million Debt To Crestview Capital - Successful Conclusion To Debt Restructuring Monday, August 9, 2010 Golden Phoenix Executes Block Sale of 7,042,275 Shares of Scorpio Gold Common Stock Monday, August 9, 2010 Golden Phoenix Unveils Royalty Mining Growth Strategy On Company’s New Web Site Thursday, May 6, 2010 Golden Phoenix Signs LOI to Acquire Ra Resources, Ltd. and its Portfolio of Canadian Gold and Copper Prospects Thursday, May 6, 2010 Golden Phoenix Reports on Surface Drilling at Mineral Ridge Gold Deposit: 22.86 Meters Grading 1.65 g/t Gold in Drinkwater Zone Friday, April 23, 2010 Golden Phoenix Signs LOI's to acquire 80% Interest in the Vanderbilt and Coyote Fault Gold and Silver Claims Bordering the Mineral Ridge Mine Friday, April 23, 2010 Golden Phoenix Forms Top Echelon Advisory Committee to Assist Expansion of Corporate Mine Portfolio Wednesday, April 21, 2010 Golden Phoenix to Host Shareholder Conference Call  Following Completion of Major Debt Reduction Initiative Thursday, March 11, 2010 Golden Phoenix Closes the Mineral Ridge Joint Venture Sale with Scorpio Gold See all press releases