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What is the best investment,gold or oil? |
What is the best investment,gold or oil? I suppose it would depend on what color you like it. neither. If you mean best out of the two, then it depends on your short term and long term investing goals. Oil is a more volatile market because of the unrest in the middle east while gold tends to be a steadier long term investment with short up and down turns. Who knows? That's whyn it's best to diversfy. I own an oil stock Marathon (MRO) and a gold stock Kinross Gold (KGC) which have both done quite nicely for me. With the runup for both, it may not be the best time to invest. But most recently the price of oil and oil stocks have dropped quite a bit. Based on that and the unrest in the Middle East I might invest there first, but see no reason why you shouldn't buy both at some point. Good luck! For the typical small investor commodities are too volatile and require too much specialized knowledge to be a good investment. You hear all the gold commercials on the radio, but they are not selling at a reasonable price, or if they do the commissions will get you. To answer your question, though, gold has performed better and has historically been used as a hedge against currency devaluation and inflation. Since the dollar has been falling, that's why gold has been going up so quickly. Good luck in your choices. |
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We're not able to produce any more of it... Seems safe to me. Like the person above said, very liquid. ...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 ... |
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