Wednesday, 30 January 2013

Adakah harga emas akan jatuh seprti tahun 1980?


Some people reallt to expect the monetary crisis will happen soon as cause gold prices to rise, especially as happened with the crisis in Southeast Asia during 1997/1998 

But some people argue that point gold failed to protect assets during the crisis, but the fact is.

Gold prices did not rise in the U.S. dollar-because the U.S. did not experience a crisis. After all,gold prices in Japanese Yen increased 34% between 1995 and the subsequent 1996.Gold prices jumped more than 40% of the Philippine Peso and the Malaysian Ringgit, and up 67% in Korean Won. Indonesia suffered the worst during the crisis of Southeast Asia where the price of gold rose to 400% in dollar

Further currency crises will continue to occur under the dominance of the dollar as the world's major currencies. Gold will once again play its role as a hedge and protection of capital. The question is whether you choose to have it or not.

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