Thursday, August 02, 2007

Gold Assets

Recently the price of gold has been reaching an all time high. People are saying that it’s better to invest your money in hard assets such as gold bullion that do not depreciate or get eroded by inflation such as cash. I guess it’s a wise decision to do so. However the price of gold has become too high for me to consider investment in it at this point. I’ll have to monitor the gold market to see when might be the best time to do so. It’s a nice thought, though, to imagine my money sitting in the form of gold bars!

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