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Is gold worth investing in? |
thinking about doing so Historically, gold has been priced lower in bull markets, and higher in bear markets. Now might not be the best time to invest. I personally would not invest in gold. I think I may be in the minority here, but I think gold will begin to move downward. I don't believe it will come anywhere close to the $2000 level that many analysts are calling for. yes. no matter what (stock market rash, etc.) gold will always beworth some thing, why? cuz its real, unlike paper money. when the market gose bad paper is only worth.....well paper. and if it makes u feel better. The US gove invested in gold and they used to back our money with it, (now its by demand). Gold is Good I think gold will up to $1000 this year .so just invest it . Gold might go as high as $2000. Why? Because when there is concerns about inflation and poor economy, people invest in gold. The link below really does a good job of explaining the whole thing. if you think of gold as just another place among others to allocate your investments, then it's always a good time to buy gold. |
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Do you want to invest in gold?? If so, the easiest way to do that is simply buy the gold etf, ticker GLD. You don't need an expensive broker to do that, just an online tradign account. If... If you have $235,000 and wants liquidity, you should put it in HSBC online saving's account for 5.05% interest. Put some of it in GLD, gold index stock. You can buy and sell anytime. Also, ... Gold has tripled in last 7 years and only going higher long-term, please hold onto it as the best investment you have. ...You are wise to be suspicious... Unless you have more $ than brains, you'd be wise to steer clear of this group... ...With no information provided, my first assumption has to be that it's a poor investment with a significant chance of losing 50% to all of your investment. This is a typical choice for newb... Exxon-Mobil = Symbol XOM. Go to ... I would be a bit cautious. What is gold now, about $830? Of course it could be $1000, but it has come up from a lot lower. Bear in mind there is no income from gold. Out of interest work out the va... You should be able to do this,but the more interest you want,then the greater risk. I would speak to a good investment brokers of which there are quite a few,I would be happy to give you a list if... |
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