Gold Investmentby Mervin Campued
The fact that spot gold price has been breaking new highs and the US dollars breaking new lows is a testimonial that the gold standard is still much relevant today despite the prevalent use of fiat Recommended Features
- Own physical gold
- Gold Exchange Traded Funds (ETFs)
- Gold Mutual Funds offer a wide range of mining stocks
- Junior gold stocks
- Gold futures
Review on Gold InvestmentHistorically, gold has been a proven method of preserving value when a national currency was losing value. If your investments are valued in a depreciating currency, allocating a portion to gold assets is similar to a financial insurance policy. In the past year, the climb in the price of gold above $800 per ounce is due to many factors, one being that the dollar is losing value.
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Created on Mar 10th 2011 04:51. Viewed 958 times.