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<p>[QUOTE="Markrich, post: 1103786, member: 29307"]I don't usually take part in forum discussions, but I felt compelled to make these argument gold is currently not at a safe investment if you bought it above $1000 the chance of you making in the long run is scarce, the reason gold is selling for so much is because the dollar is losing its value and investors are putting there cash in gold the reason people are putting there cash in gold is because its a precious metal and unlike money or real estate it cant be become worthless what the average joe is missing is if they dissolve the dollar or there is another financial melt down gold could instantly lose all or most of its value the second the demand is over it will plummet to where it was prior to the inflated prices the reason the prices were that high is only because the demand against the dollar which could disappear at any given moment.</p><p><br /></p><p>In short for some thing to really be worth it you need to understand the actual value the same way something sentimental to you is is of no real value to some one else, you need to apply the same logic when investing or buying something with hopes of selling it.</p><p><br /></p><p>Let me know what you guys think.[/QUOTE]</p><p><br /></p>
[QUOTE="Markrich, post: 1103786, member: 29307"]I don't usually take part in forum discussions, but I felt compelled to make these argument gold is currently not at a safe investment if you bought it above $1000 the chance of you making in the long run is scarce, the reason gold is selling for so much is because the dollar is losing its value and investors are putting there cash in gold the reason people are putting there cash in gold is because its a precious metal and unlike money or real estate it cant be become worthless what the average joe is missing is if they dissolve the dollar or there is another financial melt down gold could instantly lose all or most of its value the second the demand is over it will plummet to where it was prior to the inflated prices the reason the prices were that high is only because the demand against the dollar which could disappear at any given moment. In short for some thing to really be worth it you need to understand the actual value the same way something sentimental to you is is of no real value to some one else, you need to apply the same logic when investing or buying something with hopes of selling it. Let me know what you guys think.[/QUOTE]
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