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Gold pricing - OK here we go
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<p>[QUOTE="medoraman, post: 1484804, member: 26302"]Last I saw gold was down more than 10% this year, coupled with lost interest you otherwise would have earned investing in a T-bill, and I don't think such a loss is really considered "doing well". Gold may have good returns in the future, but coupled with the spread investors have to pay, I seriously would never say it will always "do well". It has its place, but its interesting how retail sales are slowing down so dramatically. Nothing will spur sales of 2009-2011 bullion back to dealers and further lowering prices than lower PM prices now.[/QUOTE]</p><p><br /></p>
[QUOTE="medoraman, post: 1484804, member: 26302"]Last I saw gold was down more than 10% this year, coupled with lost interest you otherwise would have earned investing in a T-bill, and I don't think such a loss is really considered "doing well". Gold may have good returns in the future, but coupled with the spread investors have to pay, I seriously would never say it will always "do well". It has its place, but its interesting how retail sales are slowing down so dramatically. Nothing will spur sales of 2009-2011 bullion back to dealers and further lowering prices than lower PM prices now.[/QUOTE]
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