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Source : http://goldprice.org
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last activity : 07 06 2010 20:18:04 +0000
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I am always bullish on gold not only as pefect hedge against dollor , but also to generate good return in years to come .
1 . Indian as unending apetite for gold - and supply of gold is limited - whatever gold coming in to indian sysytem in form of jwellery - never goes out at least 90% of it true - if you want to verify this just look in to your homes.
2 . Global Demand
3. Reducing purchasing power of dollor - gold is inverse relationship with dollor .
I have already invested in GOLD ETF - and purchased unit online in RELIANCE GOLD fund .
further read this interesting article you will know why .
http://goldprice.org/james-turk/2008/01/real-gold-price.html
I agree with Swamy.Gold as an investment I can say is still in infant stage.Need more tools for investment in gold by small investors,then only can it be an investment tool.
Thanks
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3 comments on "REAL PRICE OF THE GOLD"
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Commented by
Sapna Dixit, Investment Advisor, Kotak Mahindra
| 04 09 2009 14:30:25 +0000
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varsha mishra, technical Manager(QMS), rfrac
| 10 09 2008 16:20:06 +0000
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Anil Tadmari, Head/VP/GM-Corporate Planning/Strategy, MACCAFERRI
| 07 20 2008 23:40:29 +0000
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