Q&A: Is investing in gold or silver a wise investment in this age of uncertainty?
Hi all, Any good advice on gold investment vs other investment ? How about investing in Gold certificate, gold savings account or buy gold bullion coins. What the difference & Which is a better choice ? Is investing in silver a good choice now as the price is very low compare with gold. I will never trust in Unit trusts as 100% of my investment has gone the drain, so now trying to DIY. Hope to hear from any guru
Goldsenze Answer:
Plenty of uncertainty around. I live in the USA, and despair at the clearly inflationary policies. As such, I think that gold and silver will hold value during times of inflation far better than cash, stocks, or bonds.
The problem with certificates and savings accounts is that if things really go wrong, you are holding a piece of paper. There are downsides to owning physical gold, too, but I feel those are more addressable.
Try this site
http://free-gold-investing-info.blogspot.com/
To get free tips from Wall Street Professionals and receive reports, charts and strategies on investing in gold.
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