Gold: buy or sell? Most mothers (in India for sure, internationally, I do not know) are telling their sons and daughters – Gold is far better than the shares that you have. In the last 1 year it has given 32% return vs. -45% in your shares, so buy gold. To most common people this […]
Yesterday I had many reasons why you should buy and keep gold. Today I will start by giving some more reasons why you should have gold in your portfolio. There are equally compelling reasons for NOT having gold in your portfolio! Further reasons for HAVING GOLD IN YOUR PORTFOLIO: 1. Gold is gaining popularity: funnily, […]
There are many reasons to buy Gold and hold it. Of course tomorrow I can give you many reasons NOT to own gold also. One reason NOT to own gold is the recent phenomenon in its price. For example if you had invested in gold in 1980 (US $ 590) today it would be worth […]
Why are gold prices going up? There is actually only one answer – the demand for gold is greater than the supply. In fact this can be the only reason why the share price of any product goes up. Let us look at some reasons why gold prices have been going up – and I […]
A senior executive from a leading private sector bank met up for lunch. One of the topics that came up was “Will gold prices go up?”. He immediately said, YES, it will shoot up if we sell more gold. Intrigued, I asked him to explain. He told me a story of one PYT that the […]