topic title says all
I myself do not own gold at the moment. However I do own stocks in gold and silver mines and own some gold(mine) indices.
topic title says all
I myself do not own gold at the moment. However I do own stocks in gold and silver mines and own some gold(mine) indices.
Gold just goes up because the economy is bad. When a lot of people fear inflation or have little confidence in big stock profits they go to a "safe" investment like Gold. When the economy picks up and people dump their gold in favor of high yeilding stocks, bonds, business ventures etc. Gold will go back down. I mean when interest rates are at basically zero, and business profits are stagnate might as well go with Gold. Yet the thing here is you want to buy low- sell high. Gold is getting so high right now I would be weary about buying a lot of it.
Every country is buying up gold because the dollar is about to collapse and become worthless. Theres lots of adverts on TV from companies looking to buy peoples unwanted gold.
The German Countries
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