Friday, February 15, 2008

The only icon of wealth.

Apart from the known relatives, friends and casual acquaintances, we encounter several persons in our daily walks of life. Judging them by their appearance alone can be wrong mostly. Most of them will reflect you; I mean, how you move with them will depend on their behavior with you.

I learnt some valuable lessons from one such acquaintance long back. She never used to show herself that she is wealthy by wearing costly jewels, spending on luxuries etc. I decided that she is also an ordinary middle class person like me.

One day when I started a talk on the increasing cost of gold, she revealed that she possessed a wealth of information on precious metals and especially on gold and silver. She disclosed to me that she has several hundred grams of gold and silver that she accumulated gradually over the years and gold investing has become her habitual savings.

My inquisitive look made her smile and she told me that persons who are wealthy by their possession of precious metals usually don’t show off it. To her, gold is only icon of wealth.

As an investment product, gold is available in coin or ingot form but mostly, people by gold coins from reputed dealers like Monex, who, for over 30 years, the Monex companies have been America’s gold, silver and precious metals investment leader.


Do you know of the gold American Buffalo coins that are available for sale at Monex?. On one side of this coin, the profile of an American is shown and on the reverse side is the American bison, modeled after a popular attraction called "Black Diamond" in the New York zoological gardens.


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