Localfund.com - All about Fund and Investment
*Home>>>Invest in Gold

High GOLD price, is it worth it to invest in to protect Against USD inflation?


Is gold price too high to invest in now??
Question Details: Hi,
I am really worry about the inflation of USD.
So I am thinking of turning the USD i have into gold coins. I am not sure if this is a good idea.

Its more for safety than profit. But with gold being at $930/oz, I dont know if I will lose money if it go down again?

But then, I might also lose money if the USD get inflated.

So I am not sure which I should do. Invest in gold? or not?

Thanks

we could always vote ron paul for president

You should understand that the USD inflation can infact affect gold also and take its price up. The gold price being at a hight has got a little bit influence from the dollar inflation. If you have enough moeny i would advice buying a property like a plot or a house etc.

Tags
  Investment Bank   Investment Advice   Investment Account   Invest Money   Invest in Gold   Invest Fund   Income Fund   HYIP
Related information
  • I would like to invest in gold, may i know if investing in gold bar is better or gold coins? thanks?

    Get the bars. The coins sell at a higher premium then the bars do. For example, at www.kitco.com (a great site by the way) a 1 oz. Gold American Eagle Coin sells for $644.39, while a 1 oz. bar se...

  • Is now a good time to invest in Gold?

    I believe gold is the best investment you can currently make. Global instability, inflation, low interest rates, falling dollar. Gold is a tangible item, that will always be in demand... I see $100...

  • Invest gold/silver while stock market boom?

    I laugh at people who say dnt buy gold because they haven't the slightest clue of whats going on around them.The above is just like a $million on a desert island is just as good as toilet pape...

  • Is it good to invest in gold, by using high "leverage"?

    What you are considering doing is not actually called investing. It is called speculating. The high leverage makes it very speculative. 200:1 leverage is courting disaster. 100:1 keverage is on...

  • How do i buy/invest into gold?

    There are a few way to do it: 1. Buy the physical Gold from the goldsmith duh ...... :) 2. You can open a future trading account and buy into the commodity future contracts. 3. Open a trad...

  • What is the best way to invest in gold without buying buying gold coins.?

    The Gold ETF: ...

  • Price of gold is rising.is it sensible to invest in gold now?will it yield good returns?

    Hard assets, like gold, react differently to changes in the economy than traditional financial securities (stocks and bonds). In times of rising inflation or in bear markets, when stocks and bonds ...

  • Questions about gold investing. How do I invest in gold? What are the tax and legal implications?

    Well the best way is to trade Commodities. I have an account with www.aarontrade.com and my broker has done well exposing my account to gold and silver. He always gives me a square deal. Below is t...

  •  

    Categories--Copyright/IP Policy--Contact Webmaster