Gold rates dropped recently!

Is it a good time to invest in gold?

Re: Gold rates dropped recently!

What is your time frame?
And your objective? Is it to use as one of several assets in your asset allocation?

Re: Gold rates dropped recently!

I just want to buy it as a hard cash! I may need to sell it whenever needed.

Re: Gold rates dropped recently!

Gold was ar 250$/ounce i think in 2002. Peaked at 1880 in 2012. Now at 1430 I think. So at nearly six times the price 11 years ago.

No idea where it will end up.

Re: Gold rates dropped recently!

When I got married in 1998 it was $236/oz :hayaa:

Re: Gold rates dropped recently!

Good timing!!

Re: Gold rates dropped recently!

Man, why did Southie have to get banned. Stupid Zionist regime at Gs

Re: Gold rates dropped recently!

apparently, we aren't allowed to ask that question openly. insert whatever sarcastic smiley here

Southie, if you're reading, just know you and your liberal and honest posts are missed.

Re: Gold rates dropped recently!

He should start writing essays like Mumia