Wednesday, October 25, 2006

The Golden Investment

This post is sponsored by blogitive.

Gold was seen by the ancient Egyptians as sacred because it does not corrode or decay. But, what is its value today as an investment? Most people don't buy gold solely as a commodity to trade, but more to diversify their portfolio. In these unsteady times, some people believe if markets ever crash again that gold will keep them wealthy and safe in times of crisis. Maybe it's that idea that gold doesn't corrode or decay with the passage of time, making it seem indestructible in any crisis. Whatever it is, people will buy gold ingots, coins, or bars for just that little bit of added insurance.

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