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BEIJING, Oct 19, 2010 - (ACN Newswire) - Cheaponsale.com reports that gold prices continue hit new highs. Yesterday, New York gold futures were 1299.4 U.S. dollars, compared to this last year, it has already increased 31%.
Cheaponsale.com reminds us that ordinary citizens investing in gold should keep rational; they should think of gold as a value tool. Experts have said that golds main function is the "safety belt" of the family asset allocation; and should not have high expectation for gold making much money.
Three Ways of Investing in Gold
At present, personal investment in gold has mainly three strategies.
The first is real gold. The lower risk is to invest real gold and long-term hold.
The second is the paper gold. This is suitable for investors who like higher risk, but paper gold cannot draw real goods, therefor is only suitable for buy low - high sell operating modes or short-term investment.
The third is gold T + D and gold futures, which carries a high risk, is good for professionals, and so on; it is not suitable for ordinary investors to operate.
Cheaponsale.com reminds citizen that as gold has no credit risk, it has no "extra premium" function; so it cannot realize the explosive growth of asset; added value is only a supplementary function that is established on the basis of gold value.
Cheaponsale.com notes that gold prices will fluctuate with the international market price, but part of gold reserve can achieve the objective of rational distribution of assets, especially when meeting the credit crisis, the gold value function will be clear. Citizens buying gold products should first consider the value function and then consider its added value function.
Contact:
Cheaponsale.com
Tel: +86-10-65569770
Email: my@cheaponsale.com
http://www.cheaponsale.com/
Topic: Research / Industry Report
Source: Cheaponsale.com
Sectors: Metals & Mining, Science & Nanotech
https://www.acnnewswire.com
From the Asia Corporate News Network
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