"Should I invest in gold?" I think that is the question that is ringing in any investor's mind. Gold has broke the USD$1100 barrier when I am writing this and some people are predicting that gold will reach the price of USD$2000.
Recently I read this book "Guide to investing in Gold and Silver" and inside it puts a strong case for investing in Precious metals, mainly gold and silver. Why I said it is strong because it uses history to tell us that precious metals should feature in most people's portfolio. In this book it also shows us that there are cycles but these cycles is a derivative of certain numbers that we need to work to get it. I strongly urge everyone who is concern about their financial future to read this book.
There are many ways to invest in Gold and Silver and the bank that has such investing facilities available is UOB, based on my current research. You can either open a savings account that is counted in grams or ounce depending on which precious metal you are investing, or own certificates, bullion coins or gold bars. Each will have its pros and cons. You may visit UOB website to have a look and figure out which investment tools will fit your need.
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