12/22/2010

Hard Assets

What a time it has been in the money markets. Where do you but your money to keep it safe? Property? Well, house prices have been slipping and as mortgage lenders have been in trouble there will be fewer people able to buy.

Stocks and shares? As soon as there is some trouble in any financial sector the shares take a dip.

In a bank? Well, a couple of banks came close to folding, so even that's not safe.

But do you know what was in demand last week? Gold. People were trying to get their money in gold because in times of financial uncertainty metal is a safe investment.

One way to invest in metal is to buy rare coins or buy gold bullion.

Places like United States Gold Bureau have helped tens of thousands of people to invest billions in such assets. They're known as hard assets, and they includes things like rare coins, gold, silver and even platinum bullion.

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