Log in or Sign up
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Gold Bars
>
Reply to Thread
Message:
<p>[QUOTE="DrStrangelove, post: 5980, member: 793"]I think this is a good topic.</p><p><br /></p><p>Gold and silver should not be held for long term "investment". The price of gold or silver could stay right where it is for the next 400 yrs. It is not like the stock market which over time goes up as the US economy grows.</p><p><br /></p><p>I do think silver will see $10 or $11 or more! oz in the near future. (In fact I'm betting on it right now by holding a few hundred oz of the stuff.) But that is my "speculation". It could go to $10 or could go to $20. It could also drop to $4 and stay there for many, many years. </p><p><br /></p><p>Right now (meaning in the last 25yrs) there has been a lot of movement in the spot price of metals. This is a great time to buy low and sell high, buy low and sell high; over and over again. </p><p><br /></p><p>But it would be a mistake to think that at the point one wants to retire, gold is going to be "high". There is no way to predict the price over the long term.</p><p><br /></p><p>Investing in the stock market over many years is a much safer way to prepare for retirement.[/QUOTE]</p><p><br /></p>
[QUOTE="DrStrangelove, post: 5980, member: 793"]I think this is a good topic. Gold and silver should not be held for long term "investment". The price of gold or silver could stay right where it is for the next 400 yrs. It is not like the stock market which over time goes up as the US economy grows. I do think silver will see $10 or $11 or more! oz in the near future. (In fact I'm betting on it right now by holding a few hundred oz of the stuff.) But that is my "speculation". It could go to $10 or could go to $20. It could also drop to $4 and stay there for many, many years. Right now (meaning in the last 25yrs) there has been a lot of movement in the spot price of metals. This is a great time to buy low and sell high, buy low and sell high; over and over again. But it would be a mistake to think that at the point one wants to retire, gold is going to be "high". There is no way to predict the price over the long term. Investing in the stock market over many years is a much safer way to prepare for retirement.[/QUOTE]
Your name or email address:
Do you already have an account?
No, create an account now.
Yes, my password is:
Forgot your password?
Stay logged in
Coin Talk
Home
Forums
>
Coin Forums
>
Coin Chat
>
Gold Bars
>
Home
Home
Quick Links
Search Forums
Recent Activity
Recent Posts
Forums
Forums
Quick Links
Search Forums
Recent Posts
Competitions
Competitions
Quick Links
Competition Index
Rules, Terms & Conditions
Gallery
Gallery
Quick Links
Search Media
New Media
Showcase
Showcase
Quick Links
Search Items
Most Active Members
New Items
Directory
Directory
Quick Links
Directory Home
New Listings
Members
Members
Quick Links
Notable Members
Current Visitors
Recent Activity
New Profile Posts
Sponsors
Menu
Search
Search titles only
Posted by Member:
Separate names with a comma.
Newer Than:
Search this thread only
Search this forum only
Display results as threads
Useful Searches
Recent Posts
More...