Saturday, May 22, 2010

Save Your Value of Money in Gold Bullion

According to usgoldbureau.com, by having bought gold in 2001, your $50,000 worth of gold would be valued at about $158,000 in 2008. That’s a 316% increase on your principal in eight years. Sure, this may not look like much profit to buy gold bullion for you high risk takers out there, but on a conservative level, this is good considering that you’re not working for it. Now you might be saying that, “Oh, this calculation does not take into account the inflation rate.” Yes. That is true; the inflation factor got thrown out the window. The thing is that for saving the value of your money as it is now then there are not many other better ways to do so than investing in Gold.

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