Preserving Wealth With Bullion | Ramblings of an e-trader

Saturday, 14 April 2007

Preserving Wealth With Bullion

Yesterday, I read a few articles that predict the fall of the dollar and that gold will replace the dollar. I don't know how accurate this prediction is, but one can see the dollar weakening by the day whereas commodities like gold bullion will forever have its value preserved.

In times of war, gold bullion is the only currency. The money that we know now will just be worthless paper. The thought that we place so much value on pieces of paper is just scary, don't you think so?

A friend of mine who has an a large revenue every month was discussing with me the best way to invest him money, in case the good times end. I told him to buy gold bullion. He can be sure that his wealth will still be intact no matter what happens.

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