Saturday, August 21, 2010

Gold is Hold....



Investor should keep their opinion on gold is on hold because gold is a good hold at this level.Globally gold as the asset class has shown their great interest by the investor in last few years, the renewed interest has been generated in gold due to recession and slowdown in economy. In the time of recession the equity has crashed significantly while the gold has hit their high the safe heaven buy by the investor ,hedge fund buy by to protect the investment and buying by central banks around the globe for the liquidity infusion in the system has led the buyout sentiments in the gold market. The gold has the tendency to outperform the all the asset class at the time of slowdown in economy it was also proved in the current slowdown. The global condition is yet to come out of wood so gold is hold and even a good buy at current level.

Hold in gold strategy will give good return in next six month.

1 comment:

Allen said...

Ludovico Einaudi's music does what music was meant to do - that is touch you on a deeply profound level. Moving pads that are quilted are then strapped to the board. Alouette I used to be eight several years' ancient when I learned to study new music - And that I have not obtained a musical bone in my body!