Investing in Gold
- Thread starter Lord LaLa
- Start date
- Joined
- Jan 12, 2013
- Sythe Gold
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- 33
definitely not jewelry.
- Joined
- Aug 15, 2013
- Sythe Gold
- 0
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- 50
why not....?
gold imo good to keep for future
Because gold jewelry has a high premium above spot prices.
from about four years ago, when I invested 1,000$ in a few gold/silver stocks, my money is now at around #4,500. I highly recommend investing in gold as the amount in the world IS finite. Many people may tell you that gold is always recoverable and reusable, however this is not the case. The amount of gold in the entire world is about the size of the length of a tennis court cubed(turned into a 3d shape). When gold is used in tiny amounts like in electrical wiring and many home appliances for the wealthy (because gold is a great conductor) these deposits are likely to never be recovered simply because it is not worth it. Long story short, my father and I both would highly recommend investing in gold before it is worth upwards of 4000$/oz!
Everyone wanting to invest in gold now is late to the party after they've heard how awesome the party was.
Gold is just waiting for a correction. Maybe it will be post taper.
Gold is just waiting for a correction. Maybe it will be post taper.
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