8
Feb

Gold investing for 2008

   Posted by: admin   in Thought of the Day

In the world there are currently somewhere between 120,000 and 140,000 tonnes of gold above ground. To visualize this imagine a single solid gold cube with edges of about 19 meters. That’s all that has ever been produced. Divided amongst the population of the world there are about 23 grams per person, about 1.2 cubic centimeters each. This equates to about $250 - $350 worth per person on Earth, depending on the current price. Gold has been in a bull market and is seen as one of the better investments against a financial bubble. Some countries actually have laws about owning gold, and in certain amounts. As with any investment it is best to check with your financial adviser to assure you have all your information and the risks involved.

Through Monex Deposit Company (MDC) you can purchase gold or other precious metals for immediate personal delivery or arrange for convenient and safe storage at an independent bank or depository. Monex companies has been an investment leader for over 30 years. Whether you are looking to take possession of your gold bullion investment or have it safely stored, Monex companies, can accommodate your request.

This entry was posted on Friday, February 8th, 2008 at 10:53 am and is filed under Thought of the Day. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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