At Sampark Online Finserv LLP, we provide financial advice and distribute various investment products with the most efficient & widest range, customized specifically to your NEEDS..@ Whether you are keen on small investments or playing it big, We provide financial advice and distribute various investment/financial products with the most efficient & widest range, customized specifically to your NEEDs.
Wednesday, September 9, 2009
Gold touches US$ 1,000. Time to buy?
Interest in gold continued to rise as for the first time in six months, gold futures breached the US$ 1,000 per ounce mark yesterday. This takes the year's gain to nearly 14% and sets up the yellow metal nicely to close in the positive for the ninth year in succession. It should be noted that the turmoil in the global financial system has led to the central banks around the world flooding the market place with trillions of printed money, giving rise to concerns of hyperinflation. While inflation not raised its head just yet, it is only a matter of time and hence, we believe that gold may be one of the best bets around to nullify the effects of the same on your portfolio.
Subscribe to:
Post Comments (Atom)
Popular Posts
-
बहुत समय पहले की बात है, सुदूर दक्षिण में किसी प्रतापी राजा का राज्य था . राजा के तीन पुत्र थे, एक दिन राजा के मन में आया कि पुत्रों को को क...
-
*Bigger things yet to come* Slightly long message. Took some time to compile. Do read !! FII sold 7819 cr (1 billion $) yesterday (17 June)...
-
What is financial planning? Financial planning is the process of meeting your life goals through the proper management of your finances. F...
-
Wouldn’t you pity someone who invested in the Taurus Discovery Fund 10 years ago? It has been the worst-performing equity fund since January...
-
8 MILLIONS CHILDREN ARE NOT IN SCHOOL : THE POWER OF YOUR WORDS CAN HELP CHANGE THEIR LIVES .. JOIN THE MOVEMENT NOW
-
In many households across India, when a child is born, the first financial investment in his name is a PPF account . Such is the draw of th...
-
25. Kyoto University , Japan Kyoto University rated as 25th best university in World University Rankings 2009. Founded in 1897, Kyoto Univ...
-
LUCKNOW: The Allahabad High Court on Thursday ruled by a majority verdict that the disputed land in Ayodhya be divided equally into three...
-
If I said SORRY.. It doesn't, Means that mistake was mine.. It simply means that I think RELATIONS are More important than Ego.....
2 comments:
Hello Sir,
Nice post. I totally agree with you.
Today, on Sep 11, 2009, Gold could not cross crucial level of US $ 1007, though it crossed US $ 1000 on Sep 09, 2009. After it crosses 1007 then only one can see rally in Gold.
Hope will cross 1007 in short time.
Post a Comment