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>Buying Gold

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Thread replies: 9
Thread images: 2

File: Gold Price.png (75KB, 942x617px) Image search: [iqdb] [SauceNao] [Google]
Gold Price.png
75KB, 942x617px
How retarded is this?
>>
it fluctuates along with the rest of the market, anon; I don't see anything entirely beneficial about buying gold; even INX stock is guaranteed to go up over time
>>
depends on where you live
>>
Gold is just a hedge against market volatility. Literally everyone should have at least 5-10% in precious metals, especially now when gold isn't trading at $1600+ an ounce.
>>
>>1345578
given the political/economic uncertainty ahead, I would expect unusual volatility in gold price. that being said, the odds of losing money are low, so you mainly have to deal with the opportunity costs if growth on average is slow. This, of course, all depends on when you buy into the curve.
>>
>>1345589
>the odds of losing money are low
there are a lot of gold scams; if OP is gonna invest he should at least know where to buy gold without getting screwed
>>
>>1345594
Just don't own paper gold because its over sold as in they have sold more paper than there is gold to back up that paper. Buy PMs that you can physically hold in your possession.
>>
>>1345578
No op
I buy from YRI, great time to buy IMO
>>
>He bought gold
Thread posts: 9
Thread images: 2


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