Is investing in gold a wise financial decision?

by Assassin~ Badass Buzz Guru Posted 2012/06/11 02:32:25

Related Topics: Financial, Gold

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22 votes
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	Yes	14 votes	64%
	No	8 votes	36%

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beach bum 2012/06/12 04:08:11

Yes

yes

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Jimbo 2012/06/11 18:40:57

No

It's best to have your money in several places.

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Sister Jean 2012/06/11 17:43:51

Yes

yes

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Jackie G - Poker Playing Pa... 2012/06/11 14:00:19

Yes

+1
Gold should be part of everyones investment portfolio

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Maci to Jackie ... 2012/06/11 14:09:12
Rogue_Loner 2012/06/11 10:42:38
nothingbutthetruth 2012/06/11 08:17:58

Yes

Gold market goes up and sometimes down, but if you have gold stock when the market is up, it can prove dividend.

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angelbaby 2012/06/11 07:31:46

Yes

+1
And silver is too!!

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adithya 2012/06/11 06:56:49

No

currently I feel dat gold is over priced... wait for sometym n den maybe...

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pdarkow 2012/06/11 06:43:47

Yes

+1
Gold will always have value and it is something that will always be able to be sold for worth value It never loses value

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us 2012/06/11 03:57:23

No

not sure, I always wanted to buy gold but never did but if i did and sold it now that would
be great. But when you buy gold , your name on a list so I don't like that, then they
know who has the gold.

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Z 2012/06/11 03:50:50 (edited)

Yes

+1
As a long term investment of several decades, as it is frequently a good hedge against inflation, but you can't usually ride it very well. But silver has more uses and will probably be considered more valuable in the future.

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k fleming to Z 2012/06/11 19:31:14

Maybe not several decades, in 2000 gold hovered between $260 and $300, and 12 years later its still climbing up to $1700!

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Z to k fleming 2012/06/11 23:05:33

Only because the value of the currency we are basing it off of is very low right now. Not to mention that people are buying because it is a recession. Gold goes up during recessions and lowers or stabilizes during booms, it is really just a good way to keep yourself safe against an economic down turn.

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gocar 2012/06/11 03:32:50

No

It is not worth a bloody think if you are starving. You can't eat gold but you can make a god out of it.

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k fleming to gocar 2012/06/11 19:25:10

You can't eat gold, but then again, Fiat paper money and stock options can go south or the infrastructure can be simply lost (war,emp,etc) you still won't get very far with a pieces of paper either.
At least with gold and other tangible goods there is something of value that can be held in your hands and traded.

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k fleming 2012/06/11 03:11:26

Yes

+1
I think it's better than the stock market right now, as long as you are patient. I mean, even oil has gone down at times.
I think silver may turn out to be a smarter choice in the long run.

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Charmaine 2012/06/11 02:51:37 (edited)

No

Invest in a STABLE company like Facebook!!! LOL :)

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