Gold Facts


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Auspicious Days To Buy Gold In 2012


wealthymatters.comConsidering buying gold?Not beyond indulging in a bit of superstition?

The following are some of the days considered auspicious for gold purchases in 2012 according to the Hindu calendar.     Read more of this post

Gold Investment Pyramid


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Trading Up Silver


I got this neat idea of trading up silver for gold from this site:http://www.getting-positive-karma-now.com/india-bullion.html.Here is the crux of the tactic:-

Consider the chart below which shows the relative price perfomance of gold and silver in Indian Rupees.

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This chart shows that over the past ten years gold and silver have appreciated more than 400% on a rupee basis. From 1998 to 2008 the gain was 200%. So in the following 2 years , the gains have been huge. The interesting thing is that silver (yellow line) has had a greater volatility in price than that of gold (blue line) in times of economic uncertainty, from 2006-2010. Read more of this post

Please Help Me Understand Gold


I graduated in 2000.In the same year I made my first purchase of  gold.Since then I’ve been watching the price of gold.The first thing to attract my attention was the relentless upward movement in the price show in the graph below:                                                                                                                                                                              wealthymatters.com

Logic suggested that what goes up in price must come down.So I tried looking for the historic prices of gold to try to see if there was a cycle . Read more of this post