Tuesday, February 24, 2009

More Gold Safe Haven Ideas

Gold Falls as Demand Ebbs After Rally to $1,000; Silver Drops

Feb. 24 (Bloomberg) -- Gold fell the most in six weeks as demand ebbed following a rally last week that sent the precious metal above $1,000 an ounce. Silver also declined.

Now that gold is an expensive safe haven (at least compared to toilet paper and canned goods), here are some more practical gold investment ideas to help you rationalize the cost.

Gold Pills

These $425 capsules are dipped in and filled with 24-karat gold and you're supposed to eat them to "increase your self-worth".

Solid Gold Remote

It costs -- sit down -- are you seated? $55,000! It doesn't even come with a damn display!

Gold Porsche

Some moron with more money than taste has added almost 40 lbs of gold to his 911 convertible.

Gold plated Mercedes-Benz C63 AMG for the uber rich

Spending a huge amount of money on a luxury car like a Mercedes and then adding thousands more on its beautification with a precious metal or gemstones is indeed a matter of concern that needs your attention.

Golden Newspaper

The paper, a one-off, is called 'China's Flourishing Period'.

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