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Precious Metals Investors will Have a Last Laugh

Posted By On 2/25/2011 10:29:00 PM Under
The turmoil in middle east is likely to cost all economies as they will have to pay high price for their oil imports and in turn it will lead to increase in inflation.

US will keep on printing currency which will devalue all currencies pegged against dollar and thus one need to have an investment in gold, silver, platinum and palladium.

One has to acknowledge this fact that as long as the economic turmoil (across the world) continues, all thoe with financial literacy would definitely keep a portion of their investment in precious metals as it helps them to hedge against inflation, adds to stability in a portfolio and it shows a dynamic investment approach of an investor. One should allocate 10 - 15% of their investible amount in gold and invest with a long term horizon of 10 -15 years which will yield handsome dividends.
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