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Gold is hold....
Gold is known as the asset of crisis here world economy especially the euro and American zone is not out of wood yet.
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.
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Buying in gils is here to stay for some while it is a good asset to hold.
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Crowd Power
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pankaj kumar
New Delhi, India
Recommendations (4)
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Barry ORegan
Burnaby, British Columbia, Canada -
YankeeJim
Arlington, Virginia, United States



Most RecentMost Recommended Comments (5)
at 02:58 on August 21st, 2010
Not those phony collector coins, just the bars.
at 04:17 on August 21st, 2010
yes yankeejim but why not gold ETF, it is paper gold and easy to liquidate
at 04:59 on August 21st, 2010
It is very easy to "liquidate.," especially when the price drops like a rock. It's a bubble formation and will come back to earth at some point. If Glenn Beck is touting gold, I'd steer clear.
at 05:16 on August 21st, 2010
the gains in gold have passed it is public news now!
at 06:06 on August 21st, 2010
I agree that best run is done but still gold can maintain their upward march by the time the economy stabilize then it will become certainly a sell but for now it is a clear hold and even a buy.