Dec 27, 2010, Historically Gold is considered as international currency and safe heaven as it will not loose its value like currency. From investment perspective, when people are panic over greenback or euro or rupees, then they will switch to Gold. Majority of portfolio managers will have gold as one of their position as it helps them for liquidity when they are in margin calls.
Excellent Gold buying opportunities will not lost more than a couple of weeks, perhaps days. If we miss it, then we may have to wait for years, even sometimes decades
Please visit http://www.softwareandfinance.com and click on the topic "When is the right time to buy Gold" under Stocks / Gold posting to read the entire article.
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