Researching Precious Metal Investments | Ramblings of an e-trader

Thursday, 12 August 2010

Researching Precious Metal Investments

I was quite surprised to receive a text message from a friend who said that he is contemplating investing into precious metals. This is a friend who is extremely careful with his money and wouldn't even buy stocks. In fact, he wouldn't even want to open an FD account, even though I have urged him to. Why would he want to keep his cash in a savings account where interest is so low? I wonder what brought on the change. Perhaps he is learning how to make his money work for him.

Anyway, since my friend is a newbie, I suggested he takes a look at the website of United States Gold Bureau where he would be able to obtain the latest news and information on precious metals investments. Investing in precious metals, one needs to keep a constant eye on the market, not only on the risk but also no new windows of opportunities to gain further entry into the market.

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