Is Gold Still a Good Investment?

Discussion in 'Bullion Investing' started by Peter T Davis, Jan 23, 2012.

  1. Peter T Davis

    Peter T Davis Hammer at the Ready Moderator

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  3. pinklily

    pinklily New Member

    I agree with you. It is like don't put all your eggs in one basket. We really cannot predict the market even in currency trading. It is a wise decision not to put all your funds in precious metals such as gold. You need to segregate it in order to accumulate a tiniest profit from your investment. It is also true that factors such as world events affects everything.
     
  4. mossme89

    mossme89 New Member

    Gold isn't really an investment in that it's a commodity. Gold doesn't pay dividends and has a set amount of it available. However, i would recommend looking into a few high quality miners. The miners are notorious for being undervalued and are way overdue for a breakout. They have a set cost of operation, so if the price of gold takes off, so will their profit margin, meaning their stock could very well outperform gold itself.
     
  5. RainOK

    RainOK New Member

    Agree as well.

    Don;t put your eggs in one basket. That is a really good phrase by pinklily.

    Its all about even distribution and if one works better than the other, then invest.
     
  6. bouttomakebank

    bouttomakebank New Member

    Gold is accepted by anyone and everyone. So yes, it's a good investment. IMHO
     
  7. visionrafael84

    visionrafael84 New Member

    In the long run I am very bullish on gold and silver 5+ years from now the price will be much higher then the current price. However what I see reading the technicals on the chart is that both gold and silver still needs a healthy pullback. After that big drop we have been having choppy sideways consolidation that I see correcting in the downside. Time frame for this pull back is down for 4-8 months. Then I'm sure some signal will show up that its time for our lifetime buying time frame for both gold and silver.
     
  8. astrawalker

    astrawalker New Member

    Gold is definitely a good form of investment .I'm saying this because i have never heard of gold prices going really low. Looking at the current trend its really a good move. I'm just 21 and already invested some amount in gold. My parents has invested a lot in gold rather in stocks.

    Purchasing gold now a days is not that easy as the prices has gone sky high. People who had purchased when the price was really would would reap the benefits.
     
  9. visionrafael84

    visionrafael84 New Member

    Long term investment I agree, but Gold silver and anything else tradeable out there needs a healthy pullbacks every once and awhile and the chart too me looks like it still needs a healthy pullback.
     
  10. kjz

    kjz New Member

    I would say it is. To this day, anyone will accept it in trade for other goods and services.
     
  11. AGR999

    AGR999 New Member

    Yeah right. Gold still a good investment. Indeed, Aristotle was right.. Gold is the best standard of sound money.
     
  12. mcx tips

    mcx tips New Member

    Absolutely nor and forever gold is a good investment .

    Regards,
     
  13. John Butterworth

    John Butterworth New Member

    There are always opportunities to enter the market and get abit more Gold for your Dollar but the people investing in Gold Bullion for the long term are doing it to protect their purchasing power. Gold is Money, a store of wealth.
     
  14. John Butterworth

    John Butterworth New Member

    1 person likes this.
  15. goldonline

    goldonline New Member

    I agree with you but at this time gold price is up.
     
  16. itmtrader

    itmtrader New Member

    In the last several years, we have seen gold fulfill its role as financial insurance in the face of a series of crises involving everything from terrorist attacks to massive bank failures. we believe that gold must be a permanent fixture in every portfolio.
     
  17. itmtrader

    itmtrader New Member

    yes gold still a best investment
     
  18. goldonline

    goldonline New Member

    It is true that gold can rise and dip at anytime, it is also true that it will never lose its value. Without getting into a philosophical debate, most everybody will have to admit that gold can pretty much stand against time in terms of influence unlike anything else.
     
  19. goldonline1

    goldonline1 New Member

    Yes gold is best investment.
     
  20. shawnarobinson

    shawnarobinson New Member

    As per my experience and knowledge yes, still Gold is a good investment.
     
  21. Ginger1

    Ginger1 Member

    I was investing in Gold for last 6 years ans still growing. I wish I may add up more on upto next two years where gold price may get saturated for some period.
     
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