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Is Gold considered a good and safe investment? |
Is Gold considered a good and safe investment? and what is the excpectations for the price of gold for 2008 or even in 2010-15? We're not able to produce any more of it... Seems safe to me. Like the person above said, very liquid. Yes, I started when it was $510, now it is over $700 and easy to sell. a very good investment. YES...but even better is gold collectors coins. This is because even if the Gold market is stagnant, the coins collector value is still appreciating. Good Luck! |
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Anyone that would loan you money to speculate in anything would have to be a moron! If you already own such things, some institutions would use them as colatteral, but usually at 50% or less of cu... Yes, so far the gold price will go up again. You don't buy the real gold and store it at home. Buy e gold and gold from bank which only give you a certificate. ...Here is a thought. Buy marginal mining stocks. Their earnings and stock price will rise dramatically on any rise in gold prices. A safer approach but not so likely to score big results is to buy... The answer to your question is a resounding no to Gold being a good investment. Is speculation at best and a guaranteed loss at worst. When gold performs best, as in the past very few years, it i... maybe, just use your own judgement and listen to nobody without understanding their bias. Gold is an element with a value that is intrinsic. It is unlike the dollar because the dollar's val... In most cities there are agent buyers for the treasury department. You can usually go to the yellow pages and find gold brokers. They usually charge a small fee. You can also search the web for b... look up the company in Conneticut called SMT...or the company in Canada called CDI ...You need the proper licenses for this. Maybe even BONDING. Consult with Lawer. ... |
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