Tuesday, April 14, 2009

SOS Save Gold

The above show gold is the most stable currency vs other fiat money like USD, Sterling or Euro.
You can buy the same amount of crude oil with the same oz of gold, whereas for the fiat money, all depreciated against crude oil over the years.

In short, instead of saving money/currency, save GOLD instead, it will store the value of money.

However, please bear in mind that physical gold prices is different from the paper gold prices (traded in an exchange). Meanwhile, gold price may consolidate due to the recent announcement by IMF to sell gold to raise money to help the countries in bad shape.



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