All About GOLD
In my travels through investment websites I found this fantastic article all
about investing in Gold.
Gold Buillion. Gold Mining stocks.. Producers. research companies..
There's even an audio interview with James Turk talking about Gold hitting
$850.00 an ounce this year ! Why has gold climbed in the past few years?
Gold responds to monetary problems. For the first few years gold was rising
only against the dollar. The dollar had obvious problems in terms of the
trade deficit and the federal budget deficit. But what has happened over the
past years is that gold has been rising against all national currencies. and
that's significant.
What happens when there are problems with a national currency is that people
begin to worry about the value of their money. whether they're going to lose
purchasing power because of inflation or other problems. As a consequence.
they look for safe havens.
about investing in Gold.
Gold Buillion. Gold Mining stocks.. Producers. research companies..
There's even an audio interview with James Turk talking about Gold hitting
$850.00 an ounce this year ! Why has gold climbed in the past few years?
Gold responds to monetary problems. For the first few years gold was rising
only against the dollar. The dollar had obvious problems in terms of the
trade deficit and the federal budget deficit. But what has happened over the
past years is that gold has been rising against all national currencies. and
that's significant.
What happens when there are problems with a national currency is that people
begin to worry about the value of their money. whether they're going to lose
purchasing power because of inflation or other problems. As a consequence.
they look for safe havens.

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