Buy Some Gold It May Double or Triple in Future. All that glitters is not gold is a well-known saying, meaning that not everything that looks precious or true turns out to be so. So gold is an all-time favorite.
Over the longer term gold is one of the best asset class. Peoples love on the yellow metal will not be explained in words. But last six years it had tuff times now is the best time to start accumulating gold for investment. This yellow metal will sky rocket from here.
Diversifying one’s portfolio is very important in this risky world as equity investments are subject to market risks. Without gold, no portfolio will be fully diversified as it has the highest negative correlation with the equity markets. So buying gold as an investment is the wise decision as a safe investor.
Buy Some Gold It May Double or Triple in Future:
On the technical front, Gold retraced its previous rally 50%. Now it is forming a perfect bottom for a fresh rally towards all time highs. It is forming higher bottoms in daily charts. And the mounting US and world debt may spark a rally in Gold. Buy gold be calm it will work for you for next 5 years.