Search for:
  • Home/
  • /
  • Solid Gold Savings

Solid Gold Savings

Whenever the financial climate gets shaky, there is a sudden peak in gold investments.  The current economy is no different.

Are you one of the people looking to safe guard your savings by converting it to gold? Over the last several years as the purchase power of the dollar fluctuated wildly, the price of gold steadily rose.  Many people who invested in gold ten years ago have seen a threefold increase in their investments.

There are any number of ways one can buy gold.  The British Sovereign, the French 20 Franc Rooster, and the Swiss 20 Franc are popularly purchased gold coins. They are also easy to safe guard either in a special gold storage facility, or in your own safe deposit box.

According to the July 2009 Merrill Lynch Research Investment Committee Report:

Gold has outperformed several investments from different asset classes according to a research report from Bank of America – Merrill Lynch. The July 14, 2009 research report indicated that gold bullion outperformed the S&P 500, 3-Month Treasury bills, long-term treasury bonds, and high-grade corporate bond on a two and ten year basis.

In posting the Merrill Lynch Report, Goldline International pointed out that past performance does not guarantee future performance. They also indicated that gold is best kept as a long term investment. Three to five years minimum.


Comments are closed.