Showing posts with label Global Market. Show all posts
Showing posts with label Global Market. Show all posts

Monday, August 22, 2011

Gold for Glory, Really?


(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?