Gold is the target

When fiat money is no longer backed by Gold world economy begins to take different shapes one of them is that the currency lost its purchasing power for many reasons.China India and Asian Blocks are already in a position to acknowledge the possibility to increase their GOLD RESERVES. Russia who has some influence on these countries is joining the queue, and this so call group is a wake up call for others.

China India and Asian Blocks have long history in the uses of Gold be it economic,social and spiritual.I believe that in order for China to stand up as world economic super power it has to increase its current Gold Reserve of 1000 ton to a quantity comparable to US 8000 ton.Look like China is on the way with phases that are already known to experts.

Well if this is the case I suspected that the demand of Gold in years to come will be more than double and prices of Gold will escalate to greater height as US Quantitative Easing is currently on the way.

It may be concluded Gold Money is one of the solutions and the best form of Investment.

Why invest in gold bullion?

	Gold savings can give return of approximately 30% annually. Making the precious metals part of your financial planning is becoming one of the rules of good investment strategy. And people like the idea of holding something of real value in their hands, instead of trusting everything to a bank or broker. The economic forces that affect the price of precious metals are different from, and often are opposed to, the forces which determine the price of most common financial assets. This independent movement of precious metals to other financial assets can reduce overall portfolio volatility and contributes balance. Whether you are conservative or aggressive in your investment approach, precious metals can represent an important part of your asset allocation. Some experts suggest that 10-15% of portfolio assets be in precious metals. No matter what level of risk an investor wishes to take, every portfolio needs a secure foundation. Gold are one of the most liquid of all investments. It is readily portable. It is easy to store. It is recognized in every country. It is easily and discreetly bought and sold. It can be easily converted to cash at any time.

Use Gold Dinar for Trade, Urges Dr M

Tun Mahathir the former Prime Minister of Malaysia is consistent and fully support the idea of common Gold Dinar for international trade settlement.

Use Gold Dinar for Trade, Urges Dr Mahathir

LANGKAWI, 15 DECEMBER, 2010: Global trade should have reverted to the use of gold dinar following the decline in the value of the US dollar, said former prime minister, Tun Dr Mahathir Mohamad.

He said since the price of gold was difficult to fall, it was suitable for use worldwide compared with the US dollar now.

“At one time, US$35 was equal to one ounce of gold. But today, it is worth US$1,400, meaning the US dollar has already depreciated.

“That’s the problem with fiat currency … it devalues quickly and by very much. Gold never devalues like that.

“So, when you buy and sell using gold dinar, you get the real value,” he told reporters after delivering his keynote address at the 2nd Langkawi Islamic Finance and Economics Conference, which ended here today.

On the gold dinar in Kelantan, he said, it was not suitable to be used as legal tender but for import and export.