Investing in gold coin seems rational and logical. There are, in fact, many reasons why you should consider investing on gold. Did you know that gold is cheap while stocks are expensive? In 1980, Dow Industrials and the price of gold both reached the same level of 800. In 2003, however, Dow Industrials reached level 10,000 when the value of gold was one-half less than its previous value. So, you will be able to find good opportunities when it comes to gold stock.
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Soros Investing in Gold
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Knowing what direction to go and the way to get things done is always really important. Knowing the details of the best way to do it is also important. Nevertheless, that’s only part of the picture; it’s necessary, although not sufficient. You also have to really know what to avoid, what mistakes to avoid. The best way to accomplish that is to discover what mistakes others are making so that you can avoid making those very same mistakes.
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