Thursday, July 8, 2010

Sad Record For South African Gold Investors

Gold investing has again popped up in a financial-advice column, but this one's a little different from most others. Instead of cautioning about the gold price going down in the future, this one points out that gold has fallen since March of 2009.

That's because the advice column hails from a South African newspaper. Krugerrands have dropped by 13% in rand terms since March of '09, due to a rise of the rand.


Currencies matter. Gold in Japanese yen, to take another example, are far from a record.

2 comments:

  1. These articles have got complete sense without confusing the readers.Gold & Silver Education

    ReplyDelete
  2. Bullion Exchanges is a well known Precious Metals Shop established in the heart of New York City's Diamond District.

    They have a large inventory of products including, bullion that range from the gold and silver to the prestigious platinum and palladium.

    They are offering a massive selection of products appealing to 1st time shoppers and for experienced investors.

    ReplyDelete