Its the best time to purchase gold?

Question

Its the best time to purchase gold?

Answer 1

dont listen to the naysayers on this page i dont think they know what there talking about right now gold is down 16.21! to 861 whenever gold drops to the 800's BUY BUY BUY! because gold is so unstable it goes to the 900's so if you bought gold today 861. and in a couple of weeks it might go to 953 think of the profit gold always rise then drops sell it when its up so you dont have to suffer the drop from 953 back to 861! its your choice if you think it will keep goin down from 861 then dont buy. if you think it will rise tommorow buy

Answer 2

When the price is low - usually when the stock market is doing really well.

Answer 3

in my opinion no...prices are sky high!!

Answer 4

Yes. A risk mitigation tool against the sliding oil price and sub-prime share damage. The market for gold is very fluid and can only improve.

Answer 5

Gold has dropped to (current) $855.50US based on irrational exuberance about the US dollar, not because the government has renounced it's inflationary policy of printing money and spending it like a drunken sailor.  As the US Dollar drives for parity with the dollar of Zimbabwe, the price of gold will increase greatly.

I think this is a terrific time to buy, or buy more.  Even if it dips lower, someday you will brag that you bought under $1000/oz.

Grandpa

Answer 6

I think the gold prices may come down in the near future because the share market is beginning to show some life.

Answer 7

Apparently the value of gold is increasing at the moment.  So yeah, buy some whilst you can.

Answer 8

3pm

Answer 9

Why?