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Investments > Investment Market Crash > All About GOLD
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All About GOLD

by "TSX Trader" <rrossman1@[EMAIL PROTECTED] > May 31, 2006 at 06:42 PM

In my travels through investment websites I found this fantastic article
all
about investing in Gold.
Gold Buillion, Gold Mining stocks.. Producers, research companies..
There's even an audio interview with James Turk talking about Gold hitting
$850.00 an ounce this year !

Here's a little clip:

Why has gold climbed in the past few years?
Gold responds to monetary problems. For the first few years gold was
rising
only against the dollar. The dollar had obvious problems in terms of the
trade deficit and the federal budget deficit. But what has happened over
the
past years is that gold has been rising against all national currencies,
and
that's significant.

What happens when there are problems with a national currency is that
people
begin to worry about the value of their money, whether they're going to
lose
purchasing power because of inflation or other problems. As a consequence,
they look for safe havens.


Full Article Here:
http://www.leg2capital.com/turk.html




 1 Posts in Topic:
All About GOLD
"TSX Trader" &l  2006-05-31 18:42:40 

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tan12V112 Sat May 17 6:12:38 CDT 2008.