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Is this the time to invest in gold, silver, euro? |
With this huge tax rebate, i'm expecting the valu of the USD to go way down. Would that seem like a reasonable statement? If so, is now the time to jump on gold, silver, the euro, and anything else that benefits when the USD goes down? Maybe. I have been buying a little silver. I started at $11 an ounce though. It is now a little over 16 an ounce. its not something you want to speculate on though. Remember balance is the key to any portfolio. If you already have other investments aim to get precios metals to be about 10%. Without a doubt,,GOLD. It will go to 1500.00 w/in the next 2 years. None of the above! I think we are in a long term commodities bull market - I expect gold, silver and oil to continue to rise over the next decade. I like shares of producing gold companies, the time to buy was year 2000, which I did Big time. May I suggest : |
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Central Fund of Canada (American Stock Exchange:CEF) holds nothing but gold and silver bullion so you get exposure to the physical, and you don't have to worry about storage/delivery/insurance... use the commodity exchange market of your country and invest something like the stock exchange without taking delivery ...The first question to ask is "should you invest in gold?" If the answer to that question is yes, then gold ETFs (IAU and GLD) are a convenient way to do so as the markets are liquid, the ... I would not be buying gold. If you want to buy gold, which I think the trade is very crowded, I would look at the gold ETF (NYSE: "GLD"), or if you feel strongly about it buy from a co... I wouldn't go out and buy a hunk of gold or silver and keep it locked up lol. If you want to get on this gold bandwagon, invest in some mining stocks, they are the ones that are making the mo... U may get charts of 5 years maximum I think. If u want the details u can try this link ... If one can go into the present market trend, then it is surely understood that the Gold price is going up day by day and the Silver is on stand still or not moving high. It may also be seen that G... Gold is never an "investment", it can be a nice hobby, or if you own enough of it, it can be used as a hedge. People that urge you to buy gold are people who stand to make a commission w... |
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