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Gold and Silver Investment

19 Feb

As we all know that – the economy and markets are periodic. During the 2000s, silver, gold and other commodities significantly increased in value. Gold, the most popular precious metal has cross the mark of $1200 in the most recent run up.

The price hike in gold as well as some other precious metals were dramatic during the past decade, over the past 30 years, with gold more than quadrupling in value (from less than $300 per ounce).


While gold and other precious metals seem to have increased in value – but the value has not kept up with the cost of living.


Gold is a precious metal and will always have great value, just like diamonds. Their value cannot be attenuate in the way that paper currencies can be.


It has been seen that people drifting into gold and silver investments during times of economic crisis. There is a hike by more than 500 percent in Gold and silver prices and stocks faced severe losses during the mid seventies. Gold has appeared to hit a bubble during this latest economic downturn.


Long term investment in gold and silver, has not produced any significant benefit. Investors don’t get dividends on these metals and the average prices do not even match the cost of living. But, it is wise to invest in precious metals rather keeping the cash idle. But if you want real profit one should invest on bonds, stocks, and real estate. Buying mutual fund of Gold and silver would be a wise and intelligent investment.


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8 Comments

Posted in Tips on Investment

 

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    February 19, 2010 at 9:13 pm

    Interesting and informative. But will you write about this one more?

     

  2. Jokes

    March 3, 2010 at 2:40 am

    People use to invest their money in precious metals such as gold silver during past decades. It is far better tha keeping money idle. But long term investment in gold has not produce any significant benefits. So people are investing their money on stocks, real states and bonds for real profit nowadays. As time changes the ways of doing business also changes but we all know that economy and markets are periodic.

    Jocky Jokes

     

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    March 30, 2010 at 1:00 pm

    Hi,Buying gold for investing purposes is a move toward financial security during this period of dollar weakness, which may last for years. On this site, you will find thorough discussions about the most popular forms of gold investing to meet today’s challenges.

     

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    April 22, 2010 at 5:40 am

    There will be continuous hike in price of gold and silver as being scarce resource and the demand which continuously rising. I totally agree with it the for long term investment gold and silver is one of the best resource.

     

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    May 4, 2010 at 6:59 am

    I had earned lots of money by investing in the Gold. It is the secure Investment and we can get the good returns by investing in Gold. From the previous Year’s data, It can be seen that Gold price had been increased continually.

     

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    May 20, 2010 at 3:01 pm

    people usually invest on Gold and Silver cause price of both are rising day by day cause its future investments. if people are purchasing at low price as price will rise they will sold out and gain much profits .
    Gold Benefit is that how much old it will be you will getting that much profit. Its price is always at hike as day proceeds and its secure investment

     

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    June 28, 2010 at 12:52 pm

    I love to invest in gold and Silver and had earned lots of money by investing my funds in Gold. The price of Gold had been continuously increasing from the last 14 years.

     

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    July 23, 2010 at 6:12 am

    Investment in Gold is very great idea for saving. we can get great investment, especially in this type of economy. I’ll always try to invest in property or in Gold