$Wilton Resources (5F7.SG)$$GLD SG$ (GSD.SG)$$Rex Intl (5WH....
Can any of the banks' interest rates beat gold's percentage gains per annum (1 year)?
It's not the price of gold that is rising, but the fiat currency or your paper money is decreasing in value. 1gm of gold will still be 1gm in 100 years. $10 will not have the same value next year. You have lost your purchasing power due to inflation!
Take a look at the figures and see what you are missing.
As always, do your own due diligence before making a commitment.
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