Saturday, May 19, 2012

Commodity

Just come back from Mr. Derick Tan's talk, impressive!! A part of his talk have mention about the commodities, Gold and Silver. It could be safer if your investment profile have some Gold/Silver other than other asset classes like Equity and Property.

Is it now the best time to buy Gold/Silver? Take a look of the chart:



Let go back to year 2006-2008, if you bought some gold with the price around $750, your friend might laugh at you because the gold price already 3 times if compare with year 2000-2002. Took about 4-6 years to make a 3 times profit. If you really bought it on 2008 and until now, around 4 year again, the gold have double the price again.

From the chart above, now may be a good time to get some gold and put it under your bed.

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