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Gold

Discussion in 'Assets and Investment' started by WritingAres, Aug 8, 2011.

  1. WritingAres

    WritingAres Member
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    Gold

    I cant believe gold are going up by so much...


    I should have invested in couple ounces
     
  2. Templar

    Templar Forum Addict
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    Don't forget that they will drop in price at some point.
     
  3. Tckr

    Tckr Grand Master
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    People are buying it, thats why its going up, when people feel its gone up enough for them and they sell it, it will decrease in price.
     
  4. malakadang

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    Gold

    People are losing faith in the US dollar, hence, gold will steadily rise. It will reach a turning point soon when confidence has been restored.
     
  5. WritingAres

    WritingAres Member
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    Yeah i was reading about all of this; it went up again cause us dollar value is dropping;
    But it isn't just our economy sucks..
    S&B are doing lots of shit && now mortgages are gunna go up.. so basically it house market will drop even more..
     
  6. FoxTek

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    In the long run, gold will always increase in value, the current market status is just manipulating the price even more, it will be like the housing bubble.

    The government royally fucked up with the bailout, so much for a capitalistic society, huh?
     
  7. WritingAres

    WritingAres Member
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    Yeah... its pretty fucked up..

    We will soon hit a recession with the goverment taking out 2 more trillion dollars in debt..

    wtf is wrong with the goverment.
    I think i should start investing in stocks. im only 17 so it will be hard. but ill use all my money i get from gold to stocks :)
     
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