Sunday 4 May 2008

Become a "Goldmember"

The title occurred to me when I recently re-watched the 3rd installment in the comedic movie series of Austin Powers. Public Bank has just recently announced their Gold Investment Account which allows you to own gold outright in an affordable manner with convenience and minimal hassle.

Although I would normally advocate anyone to invest at least some part of their wealth in gold as a good hedge against inflation, with gold prices hovering some where at about US$1000 per troy ounce these days, I think we should probably wait for prices to come down to more reasonable levels first.

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