Business, Gold Bullion Goes Retail


by NEIL DENNIS - Date: 2008-11-07 - Word Count: 180 Share This!

Retail investors have realised that gold bullion offers an effective hedge against currency movements, is an effective inflation hedge, and is a proven safe haven in times of financial turbulence.

Volatile markets have created a surge in retail investments in gold bars and coins.

Zuercher Kantonalbank, the Swiss lender that manages around $107 billion has said its gold vault is full after panicked investors sought a haven during the credit crunch.

The U.S. Mint stopped supplies of certain coins due to extreme demands with sales levels not seen since 1999.

“There has been a swing of investors investing in gold in form to investors specifically choosing to invest in physical gold” said Barclay’s analysts.

Today, the people who own gold are doctors, dentists, nurses, teachers, plumbers and building contractors- even bankers and brokers. The very same people who had to bail out the banks.

Make contact with a gold firm you can trust and form a relationship with them. In these times, that will result in a value added to you gold that you cannot put a price on!


Related Tags: money, finance, gold, investing, economy, gold bullion, trading gold

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