Sunday, March 30, 2008

Reason why you should own gold.

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.

1 comment:

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