I bought 1 ounce of physical gold today…but, blast it hasn’t done much to send the price of gold up
Damb…maybe tomorrow I should buy two ounces!
Ha, ha, ha
I bought 1 ounce of physical gold today…but, blast it hasn’t done much to send the price of gold up
Damb…maybe tomorrow I should buy two ounces!
Ha, ha, ha
I like gold, an investment you can hold:)
Never looked into gold as an investment, it’s never really intrigued me. It’s on my to look at list but it’s not high up there.
Do you not think gold is too high right now to consider as a serious investment ? I thought gold was a safe haven type investment during an economic crisis so the price of gold should begin to fall as the US economy picks up or is this not the case ?
I have read some interesting things about silver though, I have for some time thought the price of silver seems to be pretty low considering its industrial use properties and its use as jewelery items, but I did read somewhere that it has been artificially low due to the US dumping its huge reserves of silver onto the market for many years, but now the US silver reserves are all but depleted. That together with the increasing demand for silver by industry, should mean silver is pretty good long term investment, any thoughts on this ?
Yes I have read similar about silver and that ‘they’ (whoever they are) are expecting it to outperform gold in the next year or two.
I guess the question is then…is the economy really in recovery or will gold go up substantially in the next year or so?
I am guessing that the economy will again crumble worse than previous and that gold will increase substantially over the next year or so.
I hope though for the sake of the economy that I am wrong.