Would you invest in precious metals? Specifically gold?
With the increase in inflation and decreasing value of the dollar, would you invest in precious metals?
Gold is too high right now. I think real estate is a much better investment. You get immediate cash flow, good tax benefits, and the potential for appreciation is pretty good.
i think the value of gold has almost doubled in the past 2 years ... it sure is a good long-term investment, but i'm not sure if now is the right time to purchase... keep track of the market trends and invest accordingly.
Really to make money in gold you should have invested when the economy took the down trend. It's still a solid buy, if you're looking to protect your dollar. Silver is still a good investment because it didn't escalate like other precious metals so it should adjust soon. Also, with silver there are no new mines, it's used in components for all your electronics so my guess would be that it'll adjust sooner rather than later. Glockr also hit the nail on the head about real estate it's quickly becoming a great investment again.
Yes, but only when the price of gold is low. People sell their gold and the value drops whenever the economy starts to recover. Vast amounts of gold are being held in reserve and if released, would drastically reduce the value of gold. But gold will always be worth more than the US Federal Reserve Note.
The price of Gold and all commodities will likely continue to rise as long as central bankers around the world remain accomidating in monetary policy. My guess is that happens for several more years. Interestingly, as they print more currency, all central banks are continuing to acquire gold in larger and larger numbers. As a personal investor, their should always be a commodity exposure in your investments simply due to it's negative correlation with other asset classes. But that exposure should likely be minimal. 3-5% based on volatility. Additionaly, stay away from buying physical gold. The storage costs are too high. You buy at retail and they buy it back at wholesale prices. It is very illiquid for the average investor dealing in smaller quantities. You are far better off with an ETF like GLD. Also stay away from Gold funds that invest in Gold stocks. You will not necessarily get an investment with a low correlation to other assets. Although overall, I would suggest a more broad based approach to commodities.
Yes, definitely i would like to invest in gold. it is a good options for investment.
Considering the fact that the cost of precious metals is limited and demand continually grows, the price will continue to grow.
by Ben Evans 8 years ago
Many people may think that I am a gold and silver bear (looking for price to go down). I am not and both gold and silver could keep going up.The problem is there is a lot of risk right now in precious metals and the market could drop precipitously in a wink. I hear a lot of people talk...
by PhoenixV 5 years ago
Which Precious Metals Are The Best Or Easiest To Invest In?Do you have any personal experience in investing in precious metals? What was your experience or best advice when considering investing in precious metals? What is a list of the precious metals you can actually invest in?
by PhoenixV 5 years ago
What Are The Best Precious Metals To Collect?
by val celestin 4 years ago
Will you believe me if I were to tell you that money is just a piece of paper that our government uses to manipulate people like you and me? Money is not back by anything but government regulations and that's what make it a fiat currency. Mark my word, this fiat currency will fail and you better...
by Deforest 4 years ago
John Paul Leonard stated :"At the end of August 2007, with Bush beating the drums for war on Iran, a highly unusual thing occurred: a "rogue B-52" laden with six nuclear missiles flew from Minot, North Dakota to Barksdale AFB, the staging ground for bombing runs to the Middle East....
by Spartangirl 8 years ago
Hi - I've never purchased precious metals, but would like to begin.What is you opinion of GoldMoney and the Perth Mint? Since both are in foreign countries, I'm wondering if you consider these as safe options since they store the gold/silver for investors, and you recommend taking possession....
Copyright © 2019 HubPages Inc. and respective owners. Other product and company names shown may be trademarks of their respective owners. HubPages® is a registered Service Mark of HubPages, Inc. HubPages and Hubbers (authors) may earn revenue on this page based on affiliate relationships and advertisements with partners including Amazon, Google, and others.
|HubPages Device ID||This is used to identify particular browsers or devices when the access the service, and is used for security reasons.|
|Login||This is necessary to sign in to the HubPages Service.|
|HubPages Traffic Pixel||This is used to collect data on traffic to articles and other pages on our site. Unless you are signed in to a HubPages account, all personally identifiable information is anonymized.|
|Remarketing Pixels||We may use remarketing pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to advertise the HubPages Service to people that have visited our sites.|
|Conversion Tracking Pixels||We may use conversion tracking pixels from advertising networks such as Google AdWords, Bing Ads, and Facebook in order to identify when an advertisement has successfully resulted in the desired action, such as signing up for the HubPages Service or publishing an article on the HubPages Service.|