My family has great belief in the intrinsic value of gold. In accordance with Chinese custom, my father's family gave my mother gold jewelry during their engagement ceremony. My mother's family, in turn gave my father a gold watch.
Tradition aside, gold is really a good investment. It's a finite material, but it does not easily break down or lose its value. There is no special care needed to store gold, unlike, say, paintings. It is not destroyed by Ondoy-like floods (you could lose them though, if you haven't kept them carefully).
That is why I am strongly considering investing in certified gold coins. While jewelry does contain gold, I have no idea how much of the compound is gold and, heaven forbid, if I get a less-than-honest vendor, I might be fooled into getting something useless. Which is a waste of my money.
There was a time when it was difficult to look for such coins. I still don't know if there's a source right here in the Philippines, but at least now there are online sites where you can make a purchase. Do check out usgoldbureau.com if you're going to make an investment in gold. It looks like a reliable site.
Smiling with Confidence
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