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Money Matters
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Old 06-15-2010, 03:23 AM   #1
eee4666
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Money Matters opinion on gold?

I did a search and only came up with ~7 results dedicated to the topic. Just curious on what this fourms outlook on gold is when it comes to investing? (LONG term).
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Old 06-15-2010, 10:57 AM   #2
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I haven't really cared to take a look at gold as an investment. Gold has had such a long run and is really expensive. It is usually a hedge against inflation. He have had no inflation and even some worries of deflation. I think the big run up in gold has to do with the falling US dollar, and the uncertainty of the EURO considering the problems in europe (especially Greece). I don't feel like I need to chase after gold. I'm happy in regular securities.
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Old 06-15-2010, 11:05 AM   #3
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My father in law is pushing my wife an I to buy gold (physical gold, not even a security). I don't like the idea since I think gold is such a bandwagon....and when everyone is investing there is usually a burst bubble shortly thereafter. Let's see if I can ride this one out long enough
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Old 07-15-2010, 08:30 AM   #4
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Gold is trading at record highs. I'd never buy at the top of a market. I think that some PM' in a portfolio is a sound bet, however. I'm a Pd man myself and have a small stash of the stuff in my safe deposit box.
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Old 07-15-2010, 09:34 PM   #5
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very very very very very good idea


don't forget about silver though
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Old 07-15-2010, 10:03 PM   #6
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Gold is trading at record highs. I'd never buy at the top of a market. I think that some PM' in a portfolio is a sound bet, however. I'm a Pd man myself and have a small stash of the stuff in my safe deposit box.
http://www.kitco.com/reports/

https://www.kitcomm.com/index.php

These are pretty good resources if you don't have another one available.
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Old 07-16-2010, 02:02 PM   #7
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We will experience deflation...gold will drop a long with pretty much all other investments. I feel as if gold has topped out for now. Long term we will experience inflation.....Quantitative Easing pt 2 is almost guaranteed. After this event gold will look a lot better.

But as of now....deflation will happen before inflation, so wait to buy some or get out of it now at the top.
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Old 07-16-2010, 07:15 PM   #8
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We will experience deflation...gold will drop a long with pretty much all other investments. I feel as if gold has topped out for now. Long term we will experience inflation.....Quantitative Easing pt 2 is almost guaranteed. After this event gold will look a lot better.

But as of now....deflation will happen before inflation, so wait to buy some or get out of it now at the top.
Gold fell 15 dollars today. That is a huge drop for gold and rather unusual.
Lately, gold has been rising as fast as the stock market has been dropping.
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Old 06-08-2011, 02:35 PM   #9
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Instead of making a new thread I figured I would just bump this one. Whats everyone's opinion I have some physical gold valued around just under 4k should I hold onto it or sell now while gold is so high?
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Old 06-08-2011, 09:51 PM   #10
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hold on for at least another year...


just my opinion
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Old 06-09-2011, 03:35 PM   #11
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Thank you sir! It seems like I always miss the train of selling while its hot and end up in bad shape.
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Old 06-24-2011, 04:46 PM   #12
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Instead of making a new thread I figured I would just bump this one. Whats everyone's opinion I have some physical gold valued around just under 4k should I hold onto it or sell now while gold is so high?
Hold.
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Old 06-24-2011, 07:58 PM   #13
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Thanks again! Any opinions on when we will see Gold peak?
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Old 06-27-2011, 12:02 PM   #14
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Thanks again! Any opinions on when we will see Gold peak?
right before we see gold prices drop (insert trollface smiley here...)
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Old 06-30-2011, 03:23 PM   #15
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Thanks again! Any opinions on when we will see Gold peak?
At this point, it's anyone's guess. If you want to protect your gains or play its intraday movements, go for some ETFs (or options on ETFs).
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Old 07-18-2011, 06:38 AM   #16
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Gold through $1600/tr.oz and silver through $40/tr.oz right now!
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Old 07-18-2011, 11:02 AM   #17
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Whatever people's opinions on gold is vs regular securities, at this point, buy gold and keep as little cash as possible. The worst thing you can own right now is a dollar bill.
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Old 07-18-2011, 02:01 PM   #18
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and if cash is invested in falling gold prices?
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Old 07-18-2011, 11:44 PM   #19
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Gold is not a stock. Unless the European/US economies get sorted out (or UNTIL they get sorted out,) gold will continue to climb. The dollar amount has nothing to do with it. There is absolutely no sign of anything getting better from either front. I've been hearing about "its about to pop" since $1100 an ounce. Do whatever you like, it is your money. People need to stop thinking about gold as a stock and think of it as a savings account.
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Old 07-19-2011, 10:59 AM   #20
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Gold is not a stock. Unless the European/US economies get sorted out (or UNTIL they get sorted out,) gold will continue to climb. The dollar amount has nothing to do with it. There is absolutely no sign of anything getting better from either front. I've been hearing about "its about to pop" since $1100 an ounce. Do whatever you like, it is your money. People need to stop thinking about gold as a stock and think of it as a savings account.


I agree. I would like to purchase more physical PM's.
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