Popularity of Precious Metals | ** An Anonymous Journal **

Saturday, August 14, 2010

Popularity of Precious Metals

I joined a few of my new acquaintances yesterday when I made a day trip to the capital city. When we were talking about investments, someone mentioned that she is looking to buy gold bullion. if you have been following the market, you would know that the price of gold has risen tremendously over the past few years but has undergone slight correction these few months.

Shrewd investors like her know that gold is something that is valuable and sustains wealth, unlike paper currency. She said that she doesn't mind that the price of gold may go down slightly after her purchase since prices fluctuate all the time but then she is in for the long term and is confident that the price still have room to rise further. Let's keep an eye on it.

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