The news that the price of gold futures fell yesterday and that gold has only achieved modest gains in the second quarter of 2009 anyway, suggests that the appeal of this commodity is perhaps waning – amongst smaller investors anyway. So is gold no longer an attractive commodity? Or is it still worth an investment as a way to hedge your bets? We believe that gold is, and always will be, a good investment – even if it’s only in the form of a piece of attractive jewellery! So in this report we’ll take a look at the fluctuating fortunes of gold, and why it should perhaps form part of your long-term portfolio strategy after all. http://www.shelteroffshore.com/index.php/gold/more/gold-no-longer-attractive-commodity-10537
Gold will be and will always be a good investment and will be a good investment for the next 100 years or so. As you said, even if its only in the form of a piece of an attractive jewelry, It will always be a good money. Gold has been proven as the best investment for the past 500 years up to present.
I don't agree with Eufor here. Jim Rogers, founder of Rogers International Commodities Index (RICI), once said investing in sugar is better than investing in gold, as sugar will give you more returns in the shortest ever time than gold. Rogers was born in Baltimore, but he is currently based in Singapore.
I think its seen as outdated if not looked into. If you look into it you will see people dedicated to it, like this forum
Well, one thing here to mention. Every one is not a smart investor, so many people will invest in gold rather than in any other products. There is two reasons behind this - first that gold investment is traditional, and second thing is that the prices of gold dont fluctuate too much, hence it may not come down too much.
I don't think theres any relevance ,what so ever, because the present scenario is a lot different from what quoted in the earlier reply.
