A nice investment
A nice investment
Gold has has gone up by more than 500% over the past decade. But according to research scholars, the speed is expected to end with in a short time.. Investing in gold has always seemed a investment if you want to make a bit of money but with current price of gold, and is it the time to think about buying some to add to our assets.
Warren Buffet explained gold the best. He said that gold gets dug out of the ground in Africa, or someplace, then we melt it down, dig another hole, bury it again and pay people to stand around guarding it. even though it has no utility. its a joke that, Anyone watching from Mars would be scratching their head.
Any how peopleahe crazy and invest in it. This is because gold is not regarded as an investment, but very often as the ultimate resort in times of crisis. Gold does not ejoy the defects of other investments, bonds, shares and real estate, it having an AAA rating. It does not represent any thing.
Generally, buying gold mostly depends on a person's investment philosophy. There are gold buyers and investors who want to profit from it and will buy gold on price correction and some people buy gold to create wealth but not through profit and will invest in gold even at high prices. Thus depending on one's need a person should buy gold. Till now its a nice investment
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