Today the price of one troy ounce of gold is about 1700 USD. In November 2010 it was about 1400 USD. In August 2011, the price hit the record high of 1900 per troy ounce, which means the price got 35% higher within half a year, however for one month, from August to September the price went down at 10%. All this means, if you invested in the beginning of summer, you practically earned nothing at all. If you search for some gold investment advice in Google, the third place in search results is taken by ExpertPortfolio, and their research, warning against possible dangers of excess loyalty to gold and looks like these guys are right.
Gold, despite all its attraction has been a rather risky market lately for an amateur. Buying gold and keeping gold is not an easy process, and if you don't feel like spending much time to study these procedures, you should better look around. Along with the gold going down lately, the HYIP sphere has began to grow nearly at the same time. There is an investment direction, called PAMM Investing (PAMM Investing in General), which is about to be studied in details.
, HYIPNews.com
