6 thoughts on “Q: Have you or are you going to invest in gold? Why or why not?”

1. sure, it is a great way to make sure that I get most for my money

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2. I plan on investing in gold, because it keeps going up no matter if the stock market goes up or goes down. An in depth explanation on why gold keeps going up is in this article. I hope this helps.

   http://www.associatedcontent.com/article/8296393/why_gold_keeps_going_up.html?cat=3

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3. No. Not that I wouldn’t like to. But I’m lucky if I can buy chicken once every two weeks.

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4. I have ..
   I also SOLD gold when it hit 700 dollars an ounce Yrs ago
   Never go wrong with gold , GF

   D

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5. It all depends on when you buy and sell, like anything really.

   If you had bought gold at the peak in 1980 at $ 800, you would now stand 50% up, but that is 30 years ago, and 30 years ago $ 800 would have had the purchasing power of about $ 3000 today, so to had kept up with inflation gold would have to be $ 3000 today.

   The best time to buy was in 2000 when everyones money was chasing the dot coms, as the bubble took down other asset classes gold dipped to about $ 200, since then hard assets have grown while shares have fallen, the reverse was true between 1980-2000 though, bare this in mind, since the obvious danger is that you trap yourself in herd mentality, if everyone you speak to is talking about gold, that might be the top, just like back in 2000 when everyone jumped on dot coms, when any bubble bursts it usually takes out the little guy who wanted a piece of the action too late in the game.

   if you have not invested in gold yet, Don’t do it, if you have gold, hold on to it, if you do want to sell your gold then don’t get Ripped off, read this first.

   http://www.lizardly.net/2011/05/how-not-to-get-ripped-off-selling-your-gold-jewelry/

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6. yeah why not, you get the money, and I’ll invest it in my name

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