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Tuesday, January 31, 2017

Long term Gold chart movements linked to Historical events

Warren Buffett does not invest in gold because the yellow metal provides no returns. But he is in a league of his own. Mere mortals like us can only aspire to be like him.

It makes eminent sense for small investors to include gold as a part of their asset allocation plans. Gold does provide a hedge against inflation and a falling currency.

Indians buy gold in physical form - mainly as jewellery, but sometimes to turn their dark-coloured money into a brighter shade. A better way to invest in gold is to buy gold ETFs or gold funds.

So, is this a good time to invest in gold? Have a look at the interesting long-term chart of gold compiled from Rosland Capital's gold-based IRA page and decide for yourself:

Given below are the events and the corresponding gold prices:

1 comment:

Subhankar said...

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