BuzzBadge: Buzzing Gold Investment

Tuesday, January 09, 2007

Buzzing Gold Investment


found via goldprice.org

Gold is also a good investment in this decade. Well, although it is not so profitable compared to silver investment, investing in gold has its purpose.

We invest in silver for capital appreciation. We are buying to make money.

However, when we invest in gold, we are going after capital preservation. This is to hedge against major economic movement that might affect the value of our currency. However, it seems like the price of gold has been steadily appreciating!

It has been proven that economic crash occurs every 10-13 years. We had a serious one in 1997. Now, we are in 2007, which is 11 years after the crash. A crash can be coming soon.

For your information, there is a very effective leading indicator that predicts crash. When you start to see technology firms, such as Intel, Dell, Microsoft are laying off, you know a crash is following. This has been an accurate leading indicator for the past few decades.

To invest in gold, you can trust Monex. Through Monex Deposit Company (MDC) you can purchase gold or other precious metals for immediate personal delivery or arrange for convenient and safe storage at an independent bank or depository. For over 30 years, the Monex companies have been America's gold and precious metals investment leader.

As an investment product, gold, is available in coin or ingot form. Ingots are generally gold ingots of pure bullion cast in a convenient size and shape. Coins have a currency value or they are actually defined as ingots. Buying gold has been recognized for centuries as one of the best ways to preserve one's wealth and purchasing power. Gold bullion is a unique investment.

Today, the beauty of a gold bar lies in its proven ability to diversify investments, protect wealth and preserve one's purchasing power. Monex Precious Metals is home to a large and dedicated staff of hard asset professionals committed to serving your precious metals investment needs and being America's best dealer with a convenient market and competitive precious metals prices.

Should you start buying gold now? Well, I would say you should have started yesterday. When you are buying gold, make it a long term investment and a regular saving. That way you will be able to smooth out the noise in the price and purchase in the most cost effective way.

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