Precious metals have been the best performing asset class of the past 10 years. Gold hit $1,800 mark recently. Gold is up over 32% compared to April 2010 and 470% compared to April 2001. At $44.8 per ounce, silver is up 149% from April 2010 and an unbelievable 911% from April 2001. At today’s prices, many investors ask themselves if this precious metals rally is nearing its peak. As you will see, there are many reasons for it to last for some more time.
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Investing In Gold – What Are The Benefits?
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What is gold? Gold is described to be unique, beautiful, and rare. It’s an important and secure asset and for thousands of years, it has been treasured as a store of value. It’s not directly affected by economic policies of individual countries, maintained its long term value, and doesn’t depend on a ‘promise to pay.’
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