
Gold in its historical role as a currency is fundamentally incompatible with the modern worldwide financial system.
Nowadays, world economy is going down. Many people is thinking what is the best thing to invest in like stock, property, gold, estate and etc. Therefore, some economists suggest that 'gold' is the best thing to invest now. It is because many people are not confident in the US economic, and they believe that US dollar will drop due to Freddie Mac and Frennie Mae. However, US government decide to spend 25billion to handle this two company, economist still believe that it is just a short term rescue due to the enormous debt by the US government that can not be handled.
Hence, economist believe gold will be the best thing to invest in this mass economic. Normally when the US currency drop, the price of gold will increase. However, quite recently the price of gold drop to a low price of 750 and it might be even lower. This could be due to the news that the US government have decided to help the two company. Thus, the US dollar increase. In the long term the US dollar will still be considered weak and will most probably continue to drop.
Since the price of gold will drop till a much lower value, when is it the correct time to invest in the gold market?
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