subject: Gold And Silver...the New Currency?? [print this page] Today we have so many investing options in our hand such as investing in real estate that can get you good returns in the future or investing in fixed deposits where you are assured of returns at a specific rate of interest. But have you ever thought if investing your hard earned money in gold and silver? Why not think of this option as it has a lot of added benefits? For example, gold is a commodity that can not be destroyed literally. Its resources are limited and soon it supplies would die down. So why not start collecting gold as it is obvious that its value will increase at least by ten times in the near future. Remember that the basic principle of economics is that the less the supply of a commodity in relation to its demand the higher the prices you have to pay for acquiring the commodity.
Also remember that gold and silver cannot be manufactured as currency. The currency value goes down as their quantity increase but the value of gold and silver has always seen an upward trend. Another reason for investing in gold and silver is that you have something to show as your wealth even in case of economic doom that many experts have predicted in the coming years. Gold and silver are definitely the safest forms of investing as there will always be demand and the prices have always shown an upward trend. Moreover both these assets have high liquidity. You can convert them into currency whenever you want.
We have one more good reason for investing in gold and silver and that is both these commodities are portable. You can take them anywhere around the globe as your collection and your wealth. You can't always do the same thing with other forms of investment if you are moving to another country such as your house, deposits and shares. And you also have the ability to buy equivalent gold and silver equities which can help you to gear up your investment portfolio.
Today markets such as the Chinese and the Indian markets have the highest demand for gold and silver and more and more people are rushing to buy equities and bullion. Research shows that more number of Chinese people starts investing and speculating, the move could spiral the prices of gold and silver to the third phase. Many countries like Germany have set up gold and silver coin vending machines at airports where you can buy 1 gm of gold or 10 gm of silver and this step will increase the rush for demand of these commodities. The World Gold Council records an upward trend in demand of about 33% in the first three months of the current year. So isn't this news encouraging?
