Here are the 9 reason why you should own gold
Gold is the perfect commodity.Why?
* Gold is liquid and easily traded, with a narrow spread between the prices to buy and sell (about 1%).
* Gold is money because it is divisible, you can divide it into coins, or re-melt it into bars, without destroying it.
* Gold is easily transportable, because it has a high value for its weight.
* Also, gold is interchangeable. It can be substituted for another piece of gold with no hassle.
* When measured by weight, gold is easily countable, and verifiable.
* Gold is also nearly impossible to counterfeit, as genuine gold is easily recognizable.
* Gold is money because it is a great store of value. It is not subject to decay, rot, or rust.
* Gold has an intrinsic value, because it is rare, highly desired by the world over, and is a luxury item.
* Gold rate always going up.
Better you buy gold save it for the futures.You will need it in the future.Its better save gold than save the money.
Sunday, March 30, 2008
Reason why you should own gold.
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