The crisis is still prevailing the US market, but there are some signs that it will soon be over. I was watching news a while ago that talks about the advantage of gold and diamond over the US currency during the crisis, so many economists believe this is the right time to buy gold bullion. Accordingly gold is more stable than the currencies, in fact gold appreciate for many years unlike the currencies that continue to lose its value. Aside from the US market that aggressively trade the gold, Thailand will also soon have a Gold exchange-traded funds (ETFs) through stock market thanks to the recent approval by The Capital Market Supervisory Board. The board oversees all rulemaking for the Thai capital market. They agreed last month to permit two different types of gold ETFs into the market. The two types will be: ETF feeder fund investing in an overseas gold fund and an ETF directly investing in gold bullion in the local market. So if you are planning to buy gold or trade, it will better that you diversify by not only trading to the US, but also in Thailand.
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