Monday, May 18, 2009
Whay to invest in gold?
AGR Financial: Article
So why invest in gold? Because with the markets going haywire, and investors concerned that their savings could disappear in a puff of smoke, a growing number of people are choosing to transfer their money into something more tangible than a bank account.
Owning Gold is best seen as a Protection Against Financial Instability and if you want to minimize the risk from the financial upheaval that we're seeing around the world just now, stick to the metal. Gold's appeal is that it is less prone to the fluctuations of the global market and its value is fixed twice a day by the five members of the London Gold Pool. Gold is a traditional safeguard and will always remain an attractive investment. As of 1st of January 2000 gold became Exempt From Capital Gain Tax throughout the entire EU.
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