Gold is on the move again as it reaches its highest price in almost two weeks. As the dollar continues to weaken, gold is increasing its appeal as an alternative investment. For centuries, gold has been used as a preserver of wealth.
The Greek debt situation is causing a concern for investors and with no clear direction as to its aid, investors are playing it safe by turning to gold. While everyone is watching gold, China has been quietly accumulating its gold reserve.
Amid economic uncertainty and financial turmoil, gold will continue to have a positive outlook for the future. The recommendation is to buy gold bullion if we want to preserve our wealth and purchasing power.