Tuesday, March 9, 2010

Update March

   The Nasdaq has reached its highest point in eighteen months,since its loaded with technology shares ,it might be a good place look at shares for the future.
   The gold price may be running out of steam,although there is still a small upward bias in the price.

   The gold mines share prices have not picked up really  since the start of this year and at best the ir prices are churning.

   GOLD ETF's (EXCHANGE TRADED FUNDS) are holding up quite well .They were in part responsible for the price of gold taking off. Now there is worry that as it becomes obvious that the recession is behind us there will be a huge sell-off causing the GOLD PRICE TO TUMBLE.

South Africa - 1982 Krugerrand 1/10 Oz. Gold Coin   If you feel that  you would like to hold something in gold,there are always coins that have an intrinsic value other than just being a metal hoarding exercise.Their specific history,condition and amount minted ,design also play a part.American Eagles Coins,South African Krugerrands Coins a re the best known and easiest to trade.

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