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03
March, 2011
Money 9:34 AM

Sky-High in 5 years: GOLD

let me break this down for you:

Back in March 2006 gold was as low as 539.90 USD per ounce. Thats 18,865 USD per kilo.

Now 2011, gold, sky rockets to 1435.70 USD per ounce. Thats 50,225 USD per Kilo.

Which means TODAY 1 full fledged kilogram of SHINY gold equals roughly 18,000 Kuwaiti Dinars.

What am I trying to say ?

KEEP YOU GOLD OR BUY NEW ONES. THE INVESTMENT IS WORTH IT. HANDS DOWN.

Thanks for the info Mustafa.

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Category: Money

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4 Responses

  1. may says:

    Yes it will go up and up :)
    But gold is beautiful and timeless so it’s worth it, in my opinion.

  2. Kutako says:

    Nooooo, that was a bad advice! DONT buy now, it is a rule of thumb in money markets that when a stock or a commodity becomes a buzz and news articles begin talking about its performance, that that would be the worse time to get into buying. If u have it ur lucky and it is a time to sell then buy again when it gets low again.

  3. anon says:

    ya i think u mean sell

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