Gold a building block for investment - NZ Mint

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Gold a building block for investment - NZ Mint

3News NZ

By 3 News online staff

As the global economy struggles along commodities are beginning to boom, and gold is one of the front-runners.

The price of gold is forecast to hit an all time high by Christmas as people look for a stable and tangible investment.

In New Zealand, those looking to invest in gold turn to the New Zealand Mint. CEO Simon Harding says gold has been tradable since biblical times, and has been increasing in value for years.

“None of us know what’s going to happen tomorrow, but we can look at the last 10 years,” he told Firstline this morning.

Gold value has increased 300 percent over the past decade.

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Comments

20/09/2012 12:18:55 p.m.

Dude wrote:

Gold's gone up so much it could be on the verge of a crash. Nothing goes up forever.

20/09/2012 10:57:05 a.m.

Bill Bloggs wrote:

Great to see TV3 has noticed the 10 year bull run in gold!

20/09/2012 10:47:58 a.m.

DR FINNIS DAKE wrote:

the worlds gold is in the Vatican Rome has almost the lost , even nox has none its under the control of rome hell use it at just the right time to pay of all the nations debts but the price you will come under the antichrists control . look people your paper money is worthless because you have nothing to back it .

20/09/2012 10:44:55 a.m.

DR FINNIS DAKE wrote:

hell talk about getting in late and the cost an ounce is a joke your 10 or 15 years to late dreamers .