Now everyday read newspaper sure have news about US and their financial crisis. Yesterday, Singapore's stock fell to 3-years low. But it's good new for gold.
Today accompany my mum and auntie to buy gold accessories for Hui Shan(cousin) who will be holding her chinese customary wedding on the 29 Nov 08. Few weeks ago, gold price was $42.50 per gram, now $46 per gram.
According to report yesterday, alot of investors are turning to gold for their stability. Since now market so volatile, gold is the best liaoz. Follow the oldie, like how old people save gold, they believe everything will fail but not gold. Look like old advise still true after all.
But with all the rising costs, and fragile market, middle class sure hitting hard.
Never mind, tighten belt and be frugal. There will be a rainbow eventually.
Wednesday, October 8, 2008
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