On Thursday, March 24th, gold hit another record high of $1448.60 an ounce as it attempted to breach the $1450 an ounce level for the first time in the history of the yellow metal.
As I have mentioned countless times, we live in rather turbulent times, and thus it is prudent to take the right precautions to protect your assets correctly.
As we live in very uncertain times at the moment it is prudent to adjust to the prevailing circumstances in order to make the appropriate investment choices. And, as an investor, it is important to make the correct choices in order to maximize returns.
During the last decade, gold has emerged, once again, as a global currency and as an alternative to paper assets and paper currencies. While bond dealers and stock brokers continue to persuade clients to invest in equities and financials, the benefits of owning gold are totally ignored.
Silver had a truly spectacular year, in 2010. The price increased from $15 an ounce to just over $31 an ounce, an increase of a whopping 106% in US dollars. And, no matter what currency you look at the price of silver increased anywhere from 60% to as much as 266% (Venezuela Bolivas).
