Vinny’s Blog

Here are two articles that compliment each other.
IMF is planning to sell gold.
http://www.marketwatch.com/news/story/imf-sell-125-gold-stake/story.aspx?guid=%7B193AB663%2D768C%2D49EB%2DA5E0%2DA944F35661AB%7D
And Indians are just waiting for the price to go down so they can buy all they want.
http://in.news.yahoo.com/reuters_ids_new/20080408/r_t_rtrs_nl_general/tnl-india-gold-demand-low-buyers-eye-pri-223dd93.html

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Well here is an article that shows return on gold investment. This might surprise you but the returns are close to 38%…..read ahead. When is the last time you invested in anything and made 38% in return ?
http://economictimes.indiatimes.com/Gold_ETFs_buck_meltdown_returns_38_Y-o-Y/articleshow/2895405.cms

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Guys…you know what….if I told you that gold is safe-haven..you probably will not believe it…because you may think I am biased. Not sure if this will change your feelings about gold but check this out…this is published by a major news paper in London. I am not sure if they can be considered biased.
http://business.timesonline.co.uk/tol/business/money/investment/article3510752.ece

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India has been world’s largest consumer/importer of gold for some thing like last 30 years or so for sure. And in case you had been paying attention to the gold price. Yes ! they have gone up a lot…thank you for paying attention to it! So, obviously Indian gold has also appreciated in value. Considering [...]

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I bet you did not know about this one…did you ?
-Check this
http://www.gold-eagle.com/editorials_99/madhok111799.html

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