I don't know much about gold bullion investment, but from what I read gold is preferable if national crisis becomes a concern in one country, and with the turmoil of geopolitical situation that has happens the last five years gold investment and trading seems on demand. One of articles that I read says that the activity in gold futures trading has been soaring since late 2006 and it is believed to still have positive return in 2008. The BBC News on 2 January 2008 even says that gold surges to new record highs after having a price rise of more than 30% last year, and one of the triggers is the deteriorating of US dollar.BullionVault.com clears my doubt regarding the simplicity and security of doing gold trading because it has a revolutionary way for buyers and sellers to trade gold bullion online directly at their own prices and to have a bargain in the process. It also gives concise information such as safety, vaulting, selling and buying gold, the operational, and many more. It makes sure that you will play gold and not play God in your investment because it has live spot gold price chart and you get enough sources from its research section about the latest gold market analysis and investment
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2 comments:
Re: “... the deteriorating of US dollar.”
A “Federal Reserve Note” is not a U.S.A. dollar. In 1973, Public Law 93-110 defined the U.S.A. dollar as having the value of 1/42.2222 fine troy ounces of gold.
:-D Very interesting, I didn't know about the "pseudo dollar" before :)
I later found a discussion about it in a funny way here.
Thanks for stopping by and for the enlightenment.
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