Why do I invest in gold : 1.
Investment is cyclical. I do believe for the next 5 years to 10 years, commodity is the best bet. I decided to do a series on why I invest in gold. I hope you enjoy reading all the articles that I have collected over the last 5 years (some of them were old, some of the were newly written). I do hope you will eventually understand the whole rational behind my gold and silver investment strategy and hopefully be converted into a gold investor like me and earn lots of money.
I believe everyone will not despise having lots of money. Money is not evil , it is how you use it that make it either evil or angelic. I read a political activist wish on having more $ and was frank about his desire.
This article by By Wendy Lynn Ip on Nov 19 2007 about U.S. Economy and Precious Metal is something you need to read to understand some of the rationals behind my gold and silver investment.
Consistent advancements that had been observed in the previous weeks were marked by volatility in the closing prices across the metals, as investors sought to continue profit taking from the week prior. The value of the U.S. dollar and crude oil prices continued to play a central role to the daily development of prices among many of these metals. Among the precious metals, gold, platinum, and silver followed an identical daily closing price path as oil. Furthermore, the value of the dollar, as measured by the Broad dollar Index, ran exactly counter on a day to day closing price basis for the price of oil, gold, platinum, and silver. A further discussion of these variables is taken in the U.S. statistical update provided in the following section.
If you find the article interesting, you can read the full text, here.




