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Remember when people said Don't buy gold a few months ago...

  1. Evan G Rogers profile image83
    Evan G Rogersposted 5 years ago

    Hey all,

    Remember when people told you not to buy gold or silver a few months ago because "it was in the middle of a peak"?

    Well, comparing the prices of silver and gold from a few months ago to today, we see that this was bad advice!

    Gold for the year:
    http://www.kitco.com/scripts/hist_chart … graphs.plx

    Silver for the year:
    http://www.kitco.com/scripts/hist_chart … graphs.plx

    1. Doug Hughes profile image60
      Doug Hughesposted 5 years ago in reply to this

      And remember, like real restate, it will never go down in value.

      Always buy high,  sell low... or something like that.

  2. andycool profile image70
    andycoolposted 5 years ago

    Gold is in a long term bull market, will cross $2000 in 2012. Long term target (15 years) $1000. Silver is more of a traders' play... long term target of 15 years is at least $100. Investors should buy every dips in these two precious metals, especially gold.

  3. andycool profile image70
    andycoolposted 5 years ago

    Sorry, typo... long term target for Gold (15 years) $10,000. smile

 
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