It seems this was the year for precious metals, gold in petucilar. Gold posted a 30% gain in 2010, the closing price on gold was $1418.00.
If you remember one thing about precious metals is that they rise when there is war, or some other kind of hardship. So when the 9-11 happened, our country was in disarray and gold was already on the incline. Any good financial adviser will always tell you to hedge your portfolio with some commodities. My choice is always precious metals instead of other commodities.
I, Jimmy Kicks will have regular post about financial matter, I am not a guru or anything but have some opinions I would love to share with you. I invite each of you to leave comments, so we can interact regarding these matters. I hope to learn a few things from each of you.
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