The Midas Touch: Is Gold Worth Investing In?
Gold's Track Record
Research shows that for the most part in the last 100 years gold hasn't provided a completely steady investment. It usually has bursts of growth but for the most part it hasn't shown extremely high level of return on investment. However in the past Gold has usually mirrored the price of other commodities, such as oil. With oil prices gold could be a good investment however that is just one factor out of many which is why I choose to research this topic more in depth.
The Value of Gold: Why is it Important?
I had basic knowledge on the subject however I wanted to delve further into the subject to see what factors influenced gold and if it would be a good investment in our current times today. Being in a recession had led for the most part low return on most traditional investments in the stock market. I wanted to look into more unique methods of investing money to see if there were still efficient ways to increase your personal wealth, which as a business student is of pretty large importance to me.