Sep 4, 2011

The expert advised not to get involved in gold

In view of the impending second wave of crisis currency savings of citizens should remain intact, the director of the analytical group Da Vinci AG.

"All the savings in foreign currency, intended for the long term, I would recommend not to touch or to diversify risk by allocating assets denominated in dollar, euro and possibly the Swiss franc or British pound".

"With regard to care in gold than it is today actively engaged in some individuals, this is not the best option, given that prices for the metal continues to rise, renewing historical highs. Gold is clearly overvalued, the market is subject to speculation, and the margin between buying and selling is very high. This means that this operation is beneficial in the long term and significant amounts of the transaction".

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