by jaybob

Created on: September 20, 2008   Last Updated: February 11, 2010

Credit Suisse: Stocks and Bars of Gold

Credit Suisse, an international financial service company that specializes in investment banking and, most notably of all, a forerunner in the minting of gold bullion bars and ingots, has come to light in recent weeks as a company that is perhaps as attractive a commodity company as a European investment bank.

While still a finance service company with stock options, you may choose to purchase and sell, Credit Suisse is the world's most recognized and trusted "brand," if you may so wish to call it, in the production and distribution of gold bullion bars and ingots. After the financial market crisis of September, 2008, not only has the market seen trade of gold stocks been used as a safe-haven for traumatized day-traders, but the actual physical trade of gold bullion and ingots has become something worth reading about.

During the financial market scare of September, 2008, with the bankruptcy of seemingly immortal money lenders such as Lehman Brothers, the stock market suddenly became a very scary place to have money invested. In the scramble that could have reached 1930's proportions, one noticeable trend was observed in the precious metal sector: the price of gold had shot up 10% per ounce. Gold, as a relatively stable commodity praised by traders with long term aspirations, exists almost independently from the rest of the world market.

Inflation, energy prices, etc. may have marginal affects on the actual price of gold, but the precious metal can be considered an island unto itself' and a refuge for investors when the rest of the market is in chaos. From the most experienced and stalwart traders to the most skittish short-traders, members of all demographics recognized the trenchant virtue of gold.

Credit Suisse (CS GROUP), for reasons other than simply having a diversified European portfolio with larger assets in the gold market, not only saw comparatively minute losses in September, but will have foreseeably more demand for their Credit Suisse gold bullion and smaller minted gold ingot products in the future. Through Credit Suisse, gold becomes a visceral commodity traded privately as well as publically; a minted 10 troy ounce gold bar selling for under $10,000 US that can, just so happen, fit in the palm of your hand.

By having a few thousand dollars of Credit Suisse gold ingots in a safe deposit box, accumulating value gradually over time, not only can these be seen as a sturdy long-term investment, but also serve as a diversified buffer' against any unforeseeable misfortune in the future. Credit Suisse essentially becomes two separate corporate entities: a financial service company that you can invest in individually, and a commodity company whose gold products are recognized worldwide and readily available in most banks. In man ways, Credit Suisse becomes a company specializing in the most important commodity of all: security.

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