Hi LT,
Something I Forgot To Add....I Have Mentioned It To Somebody More Than A Month back......
GOLD Either As A Commodity & ETF Is For Very Long Term Investors...
Expected GOLD....Will Touch $1200....1400....2200....
In Indian Context One Could See It Above 25000+ In About 24 Months...
Only Risk To The Figure I See Is Rupee Strength In Some Year...Could Land Us At 25-28 To A Dollar....& In Much Longer Term....Could Be Even Much Lower From There....
Happy & Safer Investing
SavantGarde
Something I Forgot To Add....I Have Mentioned It To Somebody More Than A Month back......
GOLD Either As A Commodity & ETF Is For Very Long Term Investors...
Expected GOLD....Will Touch $1200....1400....2200....
In Indian Context One Could See It Above 25000+ In About 24 Months...
Only Risk To The Figure I See Is Rupee Strength In Some Year...Could Land Us At 25-28 To A Dollar....& In Much Longer Term....Could Be Even Much Lower From There....
Happy & Safer Investing
SavantGarde
SAVANT SIR,
Does it mean one should invest and hold physical stock of gold ?
China had huge holdings in doller converted it into commodities is it true ?
CNB