Invest your Savings in Gold
Housing bubble burst followed banks going bankrupt. What next? Tax revenue collected will decline as unemployment rises further, and the US dollar will weaken further and will not have much value in the months to come as more investors worldwide will invest in more tangible commodity assets like gold rather than volatile paper money, or in the next strongest currency.
Bullion dealers are seeing business revving up in this global meltdown and many have sold their houses in return for gold as historically gold prices have never gone down to zero, even if they dip periodically. 2008-2009 have shown increasing trends in the gold price in commodity terms.
Year USD/Troy Ounce
2000 272.70
2005 513.00
2008 865.00
2009 925.00 -1200.00 (Current-Expected)
