All that Glitters
June 16, 2011 – 10:25 pm
My boss went on a European trip for eight weeks which left me doing almost everything in the office. As a reward, he brought me a gold bullion from Germany and some chocolates from Belgium. It was a really amazing gift and I find it rather thoughtful although I know that the gold coin is more of a replica and not really a real one. The gesture actually led me to thinking about the gold investments I recently heard about.
Gold as we all know, is a precious metal and is also a popular investment. Investors use it to counter inflation and currency failure. It was also used by some investors during the of war and social unrest to ensure better gains in the future. Unlike stocks or bonds, the purpose of gold investment is more of preservation. It does not grow or earn any interests although its value may increase at a certain time.
So, if your predict another world war (which I hope won’t happen), start your money preservation plan. You can start to buy gold bullion and have it deposited in your bank, hide it in your safe or bury it in your backyard.
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