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Is it a good idea to invest money in gold/silver ?
I think the prices on silver have been climbing steadily.
Is it a good idea to invest some availiable money into gold or silver ? |
It would be smarter to play Silver and Gold production stocks. Frankly, China's massive growth is spurring copper stocks. A good long term play are Chinese building materials companies that trade ADRs on the NYSE.
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ADR's?
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No, it is not a good investment at the moment, the gold and silver prices are only high (in dollar) because the dollar is low. As soon as the dollar goes up the prices will drop. Given that the dollar is at a really low level it is very probable that it will go up.
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no you should invest your money in aluminum. i hear that shit is going to blow up
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answer is NO
prices are at their highest point since what 13 years if im not mistaken something like that you dont buy when its that high |
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i wouldn't buy gold, because in europe many countries selling their gold-reserves, because they changed a law, which made it now possible to sell big parts of their gold.
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With Dow Jones loosing 500 points in the end of last week, and all the major stocks going down, what do you think will happen to USD? Invest into the Currency Market. :2 cents:
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Has anyone ever tried these HYIP programs?
http://www.gold-hosting.com/ Note: Gold-Hosting.Com has NOTHING TO DO with GOLD-DESIGN.COM ! :winkwink: |
buy oil...do not invest in diamonds..bad long term investment unless you are wearing them yourself
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I don't think so...depending on how much you are willing to invest,I like banking institutions better
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Here you can double your deposit in a week. (Theoretically of corse) :) |
No, don't invest in gold. Instead, stock up on the real currencies of the future: gasoline, ammunition, and cigarettes.
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gasoline! Best choice!
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Oh man - I owned gold stocks 2 years ago. Sold them way, way to early. :( I think it's a little late to get in now.
The stock market as a whole: Right now, small guys (private investors) are buying and big guys (institutuonal investors) are selling. Always a bad sign. |
yes you are definately TOO LATE.
Buy low, sell high. You will take way 2 much risk if you buy now. |
Yes, "SILVERCASH" lol
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I think that everyone should accumulate gold on a regular basis (certain % of your income/savings). Not necessarily as a money-making opportunity, but a way to preserve wealth. You just never know.
http://goldmoney.com/en/why-gold.html |
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