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What should one buy now as an investment - GOLD or OIL ? |
What should one buy now as an investment - GOLD or OIL ? Gold is more fun to look at. Plus you can find some your self. Oil is getting ready to retire and will soon be a thing of the past. Guns and ammunition! As the world economies decline, violence will rise, when it does, guns and ammunition will be the only true commodity! oil duh OIL. It is a dwindling resource and can only go up in price. Gold will fall in value. As a long term hedge I would also think about investing in water. well, they both make a good amount of money.and theres alot of demand for both. choose the more affordable option so you still have good finance to fall back on after wards Let's see, Oil is HIGH right now. The investment seer says BUY LOW, SELL HIGH. SO if you don't currently have any oil, DO NOTHING. Sniper rifles and pogo sticks. can you just imagine the deadly combination? Gold It will be our only currency soon if things keep going the way they are! The U.S. can't even back up all of the money we make, that is why it is only worth 80% over in European Country's. Did you know it costs us 1.24 cents just to make a penny and 5.75 cents to make a Nickel! Actually neither. They both are too high at this time. Last year was the time to buy either of them but not ow. Invest in an education for yourself and that will pay bigger dividend for you. oil |
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I suppose it would depend on what color you like it. ...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... |
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