Gold: Always a Safe Investment
January 26, 2009 6:03 am ReferenceWith all the negative news floating around the stock market these days, many people are turning to more stable and well-established investments such as gold and other precious metals. Scoffers will say that gold really isn’t a good investment because it has long tenures of lows and highs making for poor short-term profit. But I’m here to say that the price in gold today is almost 2 1/2 times what it was just 5 years ago. Those are great short-term numbers. Yes. It does take some capital to make some money but the same can be said for almost every type of investment.