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Thursday, 11th June 2009 (1105 views)

Gold is likely to remain popular among investors due to the problems being experienced in the global economy.

That is the opinion of Adam Brochert, who wrote on the subject for Market Oracle.

He explained that the difficulties being faced at present mean stocks, corporate bonds and real estate are unlikely to be a safe option.

"Cash is actually one of the safest and only reliable long-term investments in such an environment and gold, as the ultimate debt-free currency, is the best form of cash to hold," Mr Brochert remarked.

He went on to say that fears about inflation in the US are helping to generate interest in the precious metal, advising investors to choose gold coins or bars.

Gold Coins Gain recently suggested that those in the US should choose American eagle gold coins, as they carry tax advantages and limited numbers mean their value is likely to increase.

 

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