(Gold Price, check for the latest
here)
Nowadays, I think we must keep our eyes on gold price since it has risen dramatically at the beginning of July 2011. It’s a good chance to invest our money in gold for the sake of don’t-put-your-eggs-in-one basket amid the uncertainty of global market. As you guys have already known, Standard & Poor’s downgraded the U.S.’s AAA credit rating for the first time (
here), at the same time debt crisis still gives impact to the stock market in Europe (
here). Moreover, CNBC said that Asia will end sharply lower on recession fears (
here). Hmmm, due to gold price is too high now (but some people say it’s never too late to buy gold), maybe it’d be better if I decide to enter the stock market among others getting cut-loss. What about you guys?