The Golden Rule
.
The rapid increase in inflation along with slow moving interest rates
makes this the best time to buy gold. Owning gold is one of the best
ways to hedge against inflation costs that can cut profits and spending
power. More importantly how safe is your money in the bank and how do
you protect your wealth?
With our major financial institutions under threat, buying physical
gold provides the reassurance that you not only have an investment that
is safe but that is going to increase in value. High bullion prices are
here to stay as the demand for gold won’t wane any time soon.
If you look back over the year the gold price was $667 an ounce but
rose to $1000 on 17th March when Bear Stearns collapsed, it then fell
back to its current level of around $800.
The question is whether it is a good time to , Chairmen of the LBMA says “there is an enormous
pick-up in investment demand. I have never seen a market like this in
my 33-year career. The gold refineries cannot produce enough bars.?
About the author
a partner of Strawberrysoup, a web design agency with offices in Chichester
and Bournemouth. Strawberrysoup specialise in creative web design, content
managed websites, search engine optimisation, search engine marketing and
graphic design
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