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The price of gold. The investment of your dreams
by Melina Miranda ǀ 30.10.2010 ǀ  General culture ǀ Reviews: 0

The investment of your dreams.


Financial stability in a country may be in trouble, the dollar may rise or fall and devalued the national currency, but gold is where we can and we still have some security in terms of market stability, and rarely its low price, usually maintain their value and it continues to grow more and more, and that gold remains a very important role in times of crisis as we reported Oro and Finance:

Alan Demby president of the South African Gold Coin Exchange (SAGC), said in a statement Friday that the demand for gold coins is unprecedented and suggests that the gold bull market has the ingredients to expand in the future. In 2008, sales of gold Krugerrands mainly carried out by the (SAGC), rose by 80% over the previous year. "Gold is the highest protection against the uncertainty generated by the global financial meltdown," said Demby.

In the same report points out how it has increased the demand for this metal, especially in Eastern countries.

Demby pointed out that in the last quarter of 2008, gold demand in China increased by 21% in Thailand shot up over 100% while in the Middle East and demand for gold bullion and 139% increase. On the other hand in Q1 2009 the demand for gold ETFs reached the 469 tons, 223% more than in the 3rd quarter of 2008.

"With these figures is not surprising that gold prices are trading above their nominal maximum of $ 850 in 1980 and continue to increase. All the data clearly show that we are facing a very powerful bull market for gold and it is likely to reach $ 2,000 an ounce before the end of 2010, "he said, Demby.

As we can see in this report gold is a metal that promises not to go out of style and also is an excellent investment. And that is why Anello offers the best quality in terms of gold is concerned, as all our parts in the alloy containing gold in 14 kt.

Apart from meeting your expectations, you can be sure you make a wise investment when buying a phone rings with us

This article was published on Saturday, 30. October 2010.
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