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Continue uprend for silver ($60.00) & gold ($1,023.00)?.
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<p>[QUOTE="Andy, post: 75445, member: 645"]The way I always viewed Asia, and I know little about Asia, as an area where gold was desired because local currency and political conditions were not very stable. That gold was viewed like an insurance policy, a policy that could be kept within families and passed onto heirs. </p><p><br /></p><p>Now with that thought line if India and China continue their development and become the economic powers of the next century would they still desire gold as much when their own money is one of the top currencys. Something to consider I would think.</p><p><br /></p><p>I for one like gold but I feel that it should never be more then 5 percent of anyones assets and should not be held in paper form but as an unlisted assest. Reminder thru, I am not the most versed person on this subject.</p><p><br /></p><p>Speculators will disagree for I would think for them it is about the paper holdings moving up and down with the prices.[/QUOTE]</p><p><br /></p>
[QUOTE="Andy, post: 75445, member: 645"]The way I always viewed Asia, and I know little about Asia, as an area where gold was desired because local currency and political conditions were not very stable. That gold was viewed like an insurance policy, a policy that could be kept within families and passed onto heirs. Now with that thought line if India and China continue their development and become the economic powers of the next century would they still desire gold as much when their own money is one of the top currencys. Something to consider I would think. I for one like gold but I feel that it should never be more then 5 percent of anyones assets and should not be held in paper form but as an unlisted assest. Reminder thru, I am not the most versed person on this subject. Speculators will disagree for I would think for them it is about the paper holdings moving up and down with the prices.[/QUOTE]
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Continue uprend for silver ($60.00) & gold ($1,023.00)?.
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