16.03.2011 - Betting on gold: Is this the right time?
From MainStreet: Your bank savings are paying next to nothing, so maybe itís 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 canít 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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