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Is it smart to buy gold now? It's really cheap and I can't

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File: gold.jpg (217KB, 800x534px) Image search: [Google]
gold.jpg
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Is it smart to buy gold now?

It's really cheap and I can't see it going further down.
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File: gold_1.png (40KB, 1110x298px) Image search: [Google]
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If gold is going to repeat, it'll be at it's highest point in august, but more commodities are down at the moment, they kinda raised over the weekend because of the rollover ending.

October last year it hit about $1,100, it's at $1,239 right now, you could get away with buying it, or shorting it, it's at a median at the moment.

Pic related, as you can see it's median means it'll be safe, unless out economy dies right in the asshole.
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File: goldinabundance.jpg (487KB, 647x864px) Image search: [Google]
goldinabundance.jpg
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>>2821071

never under estimate the bottom on commodities that can be pushed down with massive pressure by billions and even trillions of dollars worth of futures contracts and hoarding.

Gold could easily bottom at 500 dollars a troy ounce.
>>
>>2821071
No, buy silver. Buy both if you dont have both.
Thread posts: 4
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