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Posted by info@xcelbiz.ws on May 13, 2008, 4:54 am
IS NOW THE RIGHT TIME for you to buy gold?
Dear Investor,
Six months ago would have been better; Buying Gold in mid-Sept. '07
would now show a near-50% gain against the Dollar, Pound Sterling and
Euro.
Buying gold six years ago would have been better still; it has
very nearly trebled against the Dollar and Pound since 2002, and it's
doubled versus the Euro since 2004 alone. Early gold buyers spotted
trouble ahead, and they have been rewarded for taking a risk on this
no-income asset.
But very few of these early investors seem to be selling gold just
yet. Many respected analysts agree that the real trouble in global
finance =96 against which gold may offer you a defense =96 has barely
begun.
Gold Bullion Investment: Gold & the credit crunch
Compare the current "credit crunch" to a major sports event, says
Jon Markman for MSN Money, and Satyajit Das =96 "one of the world's
leading experts on credit derivatives, author of a 4,200-page
reference work on the subject, among a half-dozen other tomes, and
developer and marketer of the exotic instruments himself over the past
30 years" =96 believes that we're just in the middle of the national
anthem before the game even begins.
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to get the complete advice.
Happy investing
Pierre Pienaar
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