Invest in gold to build up your gold portfolio, whether you choose to go for physical gold or 'bank-transact' gold (paper gold), it is still a good choice.
Down turn in the share market & major countries like US having hard time with their economics make the gold price float high. Still wanting to put all your money into the bank for the interest? OK, here's some figures you might want to consider gold. GOLD hit USD1000 per ounce this February 09, and dropped to USD895 per ounce last Wednesday. It got up to USD1000 once due to alot of money withdrawn from sharemarket and put into gold market, as the demand goes high, the price does too (Supply & Demand). It is rising up again for the next wave. Today, gold priced around USD924, it is USD19 rise in 2 days! The gold price is predicted to be Q2 - USD950, Q3 - USD1000 & Q4 - USD1050 for Year 2009.
My opinion, invest in as soon as possible to take advantage of current price. When to let go? I would say hold it until just after Christmas 2009 ( maybe 1 or 2 days later). Don't you think GOLD is the safest & most stable investment with regards to current situation?
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