PRWeb The Leader Press Release Distribution
See How PRWeb Works

We're here to help 1-866-640-6397

Login Create Free Account


All Press Releases for June 3, 2009 Subscribe to this News Feed    
 

Australian Investors Rush To Purchase Gold

With the American dollar on the decline and an inevitable period of inflation on the horizon, Gold De Royale, an Australian gold company, announces that they are expecting a continued trend towards investor interest in gold as a viable alternative to stock market gambling.

Brisbane, Queensland (PRWEB) June 3, 2009 -- Gold has always been a highly valued commodity, and because it is especially desired during periods of high inflation, it's about to become the next big thing in the investment world. The price of gold has jumped to an average of US $970 per ounce so far in 2009 compared with US $550 in 2006. With inflation on the rise, experts like Meryl Lynch predict this price could exceed $1800.

Many may be able to recall its extreme demand in late 1979 and early 1980. As interest rates and inflation headed well into the double-digits, there were lineups outside of coin and bullion dealers. Gold reached a record of $1012 US an ounce. "Gold has long been used as a traditional hedge against inflation and naturally, the demand for gold tends to pick up when inflation does," states George Vo, Precious Metal Sales Manager of Gold de Royale (http://www.goldderoyale.com.au), an Australian based gold company. "If you look at the world's current financial climate, it becomes obvious that we will soon be entering a period of severe inflation. The experts all agree. As such, people should really be considering investing in gold now, rather than later. The gold business here in Australia is booming in anticipation and I expect that this will soon be a world-wide trend." It is likely that this scenario will continue over and over for hundreds of years. Inflation will recur as more paper money is printed. Yet, because of its relative stability, the value of gold will remain much the same in terms of its purchasing power.

There are several ways to invest in gold, some better than others. Buying gold coins, gold bars, gold certificates or investing in companies that mine gold are all options. Bullion in particular, whether it be gold bars or gold coins, has a long history of remaining stable. It has the benefit of being actual gold rather than simply a representation of it, providing investors with the assurance that it will retain its long term value even when there is another stock market downturn or an economic recession. Because gold coins and gold bars can be easily bought, transported and stored, bullion is a good option for many investors. There is always the possibility of banks or gold companies filing for bankruptcy therefore people tend to feel the most comfortable buying gold bars because they can be physically held onto with little risk. Adding to bullion's appeal as an investment is the fact that certain hobbyists, such as coin collectors, will remain loyal to it regardless of whether there happens to be a short term spike or decline in its market price. For many, gold is much more than just a sound financial investment; it's also something that may be treasured for its decorative appeal or valued as an heirloom to pass on to future generations.

The question that many investors are asking now is what particular kind of gold is the best to purchase. "We are currently recommending gold bars produced by Produits Artistiques de Métaux Précieux (PAMP), a gold refinery based in Switzerland. PAMP is renowned for their quality. In fact, they are accredited as one of only five approved Good Delivery Referees by the London Bullion Market Association," states Vo. Not only is PAMP gold high in quality and a good value, it is also very accessible. It may be purchased online at Gold de Royale's website (http://www.goldderoyale.com.au). "PAMP bars are affordable for most people and investors and buying Swiss gold bars is an exceptional way to provide for the future," Vo adds. "It is not difficult to accumulate a respectable amount of gold in this way over time. Purchasing even a small amount will prove to be a wise long term investment decision."

About Gold De Royale:
Specialized in selling the highest quality gold to dealers, collectors, investment firms, companies, jewellers and individuals, Gold De Royale is Australia's leading online bullion store. Whether you are looking to purchase gold to use as a hedge fund, or simply for your own enjoyment as a decorative collectors item, Gold De Royale offers clients only the finest quality gold as well as silver bars, coins and other products. For more information about Gold De Royale visit the website at http://www.goldderoyale.com.au or contact Customer Care by phone at 07 31628845 or email customercare(at)goldderoyale.com.au.

Contact Information
Gold De Royale Pty Ltd
Suite 103
192 Ann Street
Brisbane, Queensland 4000
Australia
Phone: 07 31628845
Fax: 07 30365787
http://www.goldderoyale.com.au
customercare(at)goldderoyale.com.au

###

OPTIONS
Printer Friendly Version
Download PDF Version
Download Reader Version
Email this story to a colleague
CONTACT INFORMATION
George Vo
Gold De Royale
07 31628845
Email us Here
ATTACHED FILES

There are no multimedia files attached to this release. If this is your release, you may add images or other multimedia files through your PRWeb News Management Console.

ABOUT PRESS RELEASES
If you have any questions regarding information in these press releases please contact the company listed in the press release. Please do not contact PRWeb. We will be unable to assist you with your inquiry. PRWeb disclaims any content contained in these release. Our complete disclaimer appears here.