The Economic crisis refuses to leave. First, Goldman Sachs came under the scanner and then, clouds of debt default intensified over Greece.
The Bulls and Bears are having their usual fight, of course. But it leaves most of us in a fright.
In any case, the Governments would continue to print currencies to douse the economic crisis. Thus, as the value of money goes down because of its excessive printing, the value of something that is in limited supply and is valued all over the world will certainly go up.
And that brings us to the topic of gold. The yellow metal has had an excellent run so far this decade but given what lies in store, it is perhaps looking better than ever.
As I see it, making gold a small part of your portfolio is a good idea. Take a look at this detailed article on my personal finance website
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what is the tax treatment of Gold?
I think it is 30%.
Is there a special tax treatment for gold? I’ll find out.
Hi Ranjan,
It is great option to invest in Gold in given situation. But what if we invest in Commodity in such situation when there is continuous printing of notes is going on in country.
Sorry, I have little knowledge of commodities.
@Rituraj
Gold is treated as commodity, however you can invest in commodities through futures contracts but for that you need to have a firm grip on the functions of it.
Commodities can be agricultural products, metals, pecious metals etc, even currencies are treated as a part commodities.
Which commodity you are pointing out here?