July 25, 2015

Gold Investment Has No Substitute


http://economictimes.indiatimes.com/markets/commodities/time-to-invest-in-gold-is-when-people-forget-it-is-an-investable-asset/articleshow/48212917.cms

Gold prices would , ultimately , rise. 

Gold investment cannot be compared with other investments like Shares, Bank FD , Mutual Funds etc. 

This is because Gold carries intrinsic worth Per Se ( not dependent on others' promise or trust ) Currency can be demonetised, Demat A/cs,Bank FD , Mutual Funds can be frozen. 

Gold is currency in all parts of the world. It can be encashed even during night . Physical Gold complements other investments but is not a substitute for others. 

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1 comment:

Epic research said...

I have heard from many analyst that Gold price will decrease in coming days, as now .Gold prices recovered on short covering on weekend after prices dropped as fresh strength in the dollar prompted another wave of selling.