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Saturday, December 1, 2007

Invest in Gold

Larry Haverkamp wrote this article about investing in gold in October 2006. At that time, the price of gold was USD 580. After 1 year, the price has shot up to USD 850 (increase of 46% in USD). But USD index dropped by 12% during the same period. The net gain is 28%


http://newpaper.asia1.com.sg/columnists/story/0,4136,116119,00.html


As Gold is too expensive now for investment, this is an opporunity to look back at what was written a year ago.


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