It is not only Warren Buffet’s favorite quote but mine too. But, there are exceptions to small time investors who buy gold bullion only for the sake of selling it for a profit within days after buying.
Even if the recommendations are strong from various precious metal authorities such as usgoldbureau.com to hold the gold for some more time because the dollar continues to weaken, subsequently increasing the appeal of the yellow metal as an alternative investment, circumstances may not be favorable to hold the bullion for long.
But still, one can make a profit currently because of the overall positive outlook for the bullion market as long as European and American debt concerns continue.
Debt, recession and political uncertainties-all these come and go but they could not topple the supremacy of the gold-right?
No comments:
Post a Comment