Showing posts with label tangible assets. Show all posts
Showing posts with label tangible assets. Show all posts

Tuesday, May 4, 2010

A Natural Investment

Natural minerals and resources, in particular diamonds, are continuing to be a good investment.

Rough diamond are now said to have increased by over 50% in price since the downturn. And this positive surge is expected to similarly affect the prices of polished diamonds.

Learn more about Tangible Assets here.
Other Natural Investments: Gold.

Tuesday, April 6, 2010

Gold is Soaring! (vid)

Gold is at record highs, in terms of the euro currency. This is a according to Larry Edelson who is a financial analyst specializing in international macro-economics, and the precious metals and natural resources markets. He says what is happening to gold in Europe is a preview of what gold is going to soon do in terms of the U.S. dollar as well, as the severity of the debt crisis starts to be realized around the world.
Paper currencies are devaluing, and investors are making a move to hard assets.


And it’s happening in Africa as well; Burkina Faso more than doubled its gold production in 2009, reaching more than 11 tons. They currently has five gold mines in production, which have created over 1350 jobs. Two new mines are expected to start production in 2010, and mining companies from Canada, South Africa, Australia, and Russia have acquired mining rights.

Monday, April 5, 2010

Grow Your Money with Tangible Assets

Experts are continually advising to invest in assets. When people think of ‘assets’ they usually think of Real Estate, equipment and big-money businesses. These are excellent investments, but I want to look at Tangible Assets.

Tangible Assets refer to assets such as works of art, coins, stamps, antiques, bullion, precious stones and furs.

This article has been moved, and can be read at businessguide.co.za

Sunday, March 14, 2010

R100 000 for a Bottle of Whiskey

I am always interested in seeing what people collect as investments, as I invest in a few tangible assets myself; such as coins, gemstones and stamps.

Recently, a Scottish whisky firm, Gordon and MacPhail,  put up for sale the oldest malt whisky in the world.

“It matured for 70 years in the cask and that is what makes it the oldest whisky in the world,” a spokesperson for Gordon and MacPhail said.  Apparently the whisky was poured into it's cask on October 15, 1938 by the grandfather of the company’s managing directors.

The bottles will sold for £10 000 each (approx R115 000 ea.) and only 54 units will be made available.

Clearly it has been a good investment.  As for the taste... who knows?

written by Rory