Why Gold?

 If you have a safe, what would you like to keep in it? Worth watching, I found this on the web ...

Hedge Fund King, Ray Dalio: GOLD Is A Useful Hedge And Deserves A Place In A Diversified Portfolio

Hedge Fund King, Ray Dalio added another notable mark to an already widely discussed investing thesis on 21 September 2012 morning: He likes gold, seeing it as a useful hedge, and believes it deserves a place in a diversified portfolio.

“I think gold should be a portion of everyone’s portfolio to some degree because it diversifies the portfolio. It is the alternative money,” Dalio said on CNBC this morning.

Gold has been cited as a hedge against inflation by other hedge fund managers, like Greenlight Capital’s David Einhorn, Paulson & Co.’s John Paulson and George Soros.

Dalio, who is widely considered the most powerful hedge fund manager in the world, the man behind the $120 billion Bridgewater Associates, who ranked first on FORBES’ list of top-earning hedge fund managers.

"Good Delivery" Bullion- PAMP Suisse Gold Bar

Accredited as ‘Good Delivery’ bullion by the Swiss National Bank, PAMP Suisse gold bars have been traded on world investment markets since 1979 and are one of the most popular ways to buy Suisse gold bars.

PAMP Suisse gold bars are an excellent choice for the gold investor as they are one of the most cost effective, liquid, trusted and popular ways to own gold.

In Malaysia, the PAMP Suisse gold bar received high acceptence among the gold investors. The PAMP Suisse kilo gold bar is commonly use by Jewellery manufacturers as the raw material for producing 999.9 gold jewellery.

Specification:
Purity: 999.9, Weight: 100g, Type: Casting Bar, Mint: PAMP Suisse

The 100g gold bar comes with certificate and serial number. These features provide confidence for gold investors especially new investors when buying gold for the first time.

 PAMP Suisse Kilo Bar

Some commonly traded gold bullion in the market like rounds, coins and nuggets do not have the above features. PAMP Suisse kilo gold bar does not have a certificate as they are mainly consumed by the jewellery manufacturers. However, the kilo bar is also a favorite for big time investors as it provides the convenience of keeping and lower premium.

Billionaire Investment Legends buying Gold

In August 2012, George Soros dumped more than a million shares of major financial companies (JP Morgan, Goldman Sachs and Citigroup) with a value of almost $50 million. On the other hand, his multi-billion-dollar U.S. fund bought gold, with the portfolio now holding more than $130 million worth of the precious metal. In the same period, Soros Fund Management also more than doubled its position in the SPDR Gold Trust to nearly 900,000 shares.

John Paulson, another billionaire investment legend, who predicted the sub-prime meltdown and made a fortune out of it, also added a huge amount of gold to his already-gold heavy hedge fund portfolio — an increase of more than 25% in the last quarter worth about $700 million. Paulson’s largest holdings are in the SPDR Gold Trust, and Bloomberg reported that almost half of his U.S.-traded equities are now tied to bullion.   

Politicians Around The World Are Printing A Lot Of Money

Jim Rogers expressed on his blog on September 19, 2012, "I own precious metals because I expect more money printing. I own gold, I am not selling gold, whenever gold goes down I buy more. If it goes down a lot I hope i’m smart enough to buy a lot more because the price is going to go much higher over the next decade".

Politicians around the world are printing a lot of money that’s the wrong thing to do, but that’s what they’re doing and whenever they print money the way to protect yourself is own gold, silver, platinum, palladium, any precious item will protect you in time like that.

Jim Rogers is an author, financial commentator and successful international investor. He has been frequently featured in Time, The New York Times, Barron’s, Forbes, Fortune, The Wall Street Journal, The Financial Times and is a regular guest on Bloomberg and CNBC. 

Gold price increased about $40 per ounce in 2 hours

On 13, September 2012, Gold price increased about $40/oz to a level around $1770/oz from around $1730/oz in less than 2 hour time as investors are motivated by The Federal Reserve plan to expand its holdings of long-term securities with open-ended purchases of $40 billion of mortgage debt a month in a third round of quantitative easing (UE3).