2006-06-18 21:40:15 · 6 answers · asked by kleimking 1 in Business & Finance ➔ Investing
Gold has actually had a really good run recently. Historically speaking gold has returned about the rate of inflation over the last 40 years. So gold will do well, relatively speaking, in times of inflation. Speculators will buy gold if they think inflation is coming and drive up the price. So it's sensitive to speculation, as all commodities are. Long term equities have proven to be a much better purchase.
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Hope this helps,
Jason
2006-06-18 21:52:47 · answer #1 · answered by www.promoneytalk.com 2 · 0⤊ 0⤋
What do you mean if gold is ever going to bounce back. Gold has been around for ages since it was first discovered they sell it in stores and they use it in a lot of products gold has always been in.
2006-06-19 04:46:28 · answer #2 · answered by Kaley 2 · 0⤊ 0⤋
It would be unusual for gold to bounce. It is heavy and rather soft so it in not something you would use to play jacks with. It may fall though.
2006-06-19 04:53:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
1) Yes.
2) When the Commander in Chief orders to attack another country. (Iran seems to be the next country on the list)
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2006-06-26 03:37:51 · answer #4 · answered by Anonymous · 0⤊ 0⤋
Gold is in..
2006-06-19 04:42:42 · answer #5 · answered by Anonymous · 0⤊ 0⤋
will go down
2006-06-19 04:44:33 · answer #6 · answered by Aruns 1 · 0⤊ 0⤋