Monday, December 4, 2006

Christmas Gift Idea

This ad in Human Events caught my eye:

The U.S. economy and the stock market are booming, right? But conventional wisdom holds that gold moves in the opposite direction of economic prosperity. So why is gold on the rise, now?

Today, gold is on the move for many reasons. A falling U.S. dollar, rising debt levels and the instability of governments in many energy producing countries are all factors that could effect precious metal prices. The conditions that exist today may cause gold's value to actually double or even triple!

With all of the uncertainty around the world, experts are now calling for $1,000 plus gold prices by 2010. "Gold could easily move above $700/oz. by year's end," reports Bloomberg.com.

So. A piece of lovely gold jewelry as a Christmas gift will cost more this year, but it could also be worth a lot more a couple of years from now. Think of the purchase as an investment.

That's all the recommendations I have for Christmas gift buying. From here on you're on your own.