A web release interestingly notes that the value of money seems to have reduced. It takes more money to buy the same amount of gas. This can be compared to the situation in Russia during the cold war; people were required to wheel in piles of money in barrows only to exchange it for a small loaf of bread. The value of green money is determined by the global stock markets, inflation and various other global factors. As monex comments in their web release, the value of precious metal has not reduced. Precious metals appear to maintain a fairly consistent value. Precious metals are not so dependant on these outside forces for their value. Monex.com claim that Investment experts have long-recommend portfolio diversification; they recommend that 10% to 20% of an investor's assets should be devoted to tangible assets such as gold, silver and platinum bullion and bullion coins. Such investments are believed to be important for the longevity of someone’s assets/wealth; this could especially apply to times of political and economic instability. Monex claims they have a wealth of experience, expertise and the resources to serve most any precious metals investor's needs. In business since 1967 and with well over one hundred thousand investors monex may be the past, present and future for all precious metal needs. Of course the only problem with buying gold as an investment or a way of maintaining wealth is that you need the green money to purchase them to begin with and you may get less coins for your green then you would have 10 years ago.
Gold and Rice How Very Nice
Submitted by A Wig That Knew... on August 7, 2006 - 3:45pm.
Posted in | A Wig That Knew You Were Staring At It's blog |
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| 318 reads »
Posted in | A Wig That Knew You Were Staring At It's blog |
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| 318 reads »

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