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Commodities Briefing - Categorized | Bullion/Gold, Investment more

Betting on gold: Is this the right time?

Posted on 16 March 2011

From MainStreet: Your bank savings are paying next to nothing, so maybe it’s time to look at an age-old alternative: gold. Gold has historically been the refuge in times of crisis, and the rippling effects of the earthquake and tsunami in Japan certainly count as a crisis that may damage the world economy and financial markets in ways we can’t foresee.
While gold has not always proven to be a good long-term holding, many investors like the fact that gold marches to a different drummer. When stocks and bonds are suffering, gold may flourish, and vice versa. Thus it can stabilize a portfolio, much like cash……………………………………….Full Article: Source


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VRS - who has written 38538 posts on Opalesque Commodities Briefing.


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