Wealth Ninja's first Gold Bar.

In times of inflationary pressure, gold and other precious metals serve as a good hedge.

With the USA doing the third round of quanlitative easing, aka QE3, otherwise known as, print tons of money, our cash in hand tend to lose their purchasing value.

Your hot pipping cup of coffee that sells for $1 a year ago is now selling at $1.20.
Is your coffee harder to grow now?

It is actually not coffee beans becoming more valuable. It is that your cold-hard cash is becoming less valuable. That's inflation.


Gold, silver, and other precious metals may help in preserving your savings and assets.
Personally I do not recommend buying gold as it does not generate passive income, after all, gold on its own does is non-productive. Property provides rental income, stocks provide dividends.

However, I do realise that it can be a proper saving tool that beats inflation.
Plus there is a human tendency to admire shiny objects... =)

Hence I bought my first gold bar from a nice and helpful member, "chef" from GoldClubAsia, an online forum that shares tips on precious metals.

The Wealth Ninja's first gold bar in his wealth profile.

The choice of this PAMP gold bar is not just to satisfy the value of holding a BULLION bar, there is numismatic value in this design as well. Personally I like the lunar calendar collection and what better numismatic value than a mighty dragon holding on to a gold pillar? =D

Bullion and numismatic values are something new that I have learnt recently to buy precious metals. In the next few few days, I will write more on bullion and numismatic values and arguments FOR and AGAINST holding gold in your portfolio.