Thursday, March 04, 2010

Gold is good

A friend is suggesting that I invest in gold because I was grumbling about the high property prices and the low interest rates. The price of condominiums are getting ridiculous because a decent one costs a million. Meanwhile, it is lousy to save money because the interest rate is so low.

So, she said it is a very good time to time to buy gold bullion as the price of gold has been stable and very secure through decades.

She told me about the trend and how one should follow the advice of the financial guru to buy gold and invest in gold. Yet, I am not so sure it is affordable anymore because the price of gold has shot up so high.

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