New York, NY (PRWEB) March 28, 2011
With the prices of precious metals skyrocketing, investors in Australia are preferring to invest in gold and silver according to Mr. Shelly, Head of Research and Business Development at Gold De Royale http://www.goldderoyale.com.au one of the nation’s largest online precious metals companies. "We were surprised by the latest results compared with the 2010 data," said Mr. Shelly. "In 2010, real estate investment was the number one priority for the majority of our clients. However, the 2011 survey results showed that precious metals such as gold and silver had become the number one choice of investment for our clients."
Gold De Royale clients were asked to rate their preferred investment choices from cash, bonds, stocks, real estate and precious metals. The results were astonishing. The majority of people preferred to invest in precious metals (56%), followed by stocks (31%), bonds (10%) and real estate (3%).
This survey also confirmed that consumers have no trust in paper currency. Qualitative data show that many of our clients keep only a minimal amount of money in their bank accounts because of the fear of currency losing its value. Many investors fear that currency might become worthless because of hyperinflation, as has been seen with the Zimbabwean dollar.
"Factors such as the worsening crisis in the Middle East, high food prices, slow global financial recovery and the recent natural disaster in Japan were all key decision making factors for investors," added Mr. Shelly. "Gold and silver were the first forms of money over 5000 years ago. Something that can survive this long is the ideal choice for many current investors."
Gold De Royale is one of Australia's largest online precious metals dealers. Located in Brisbane, Gold De Royale serves an extremely large clientele nationwide and worldwide. Whether you are looking to start a valuable gold or silver collection, or looking to invest in precious metals, Gold De Royale offers clients only the finest quality gold as well as silver bars, coins and other products. For more information about Gold De Royale visit http://www.goldderoyale.com.au or contact customer care on 07-38305319 or email us at customercare(at)goldderoyale(dot)com(dot)au
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