2006-08-02 05:02:32 · 6 answers · asked by ellerkampbrian 2 in Business & Finance ➔ Investing
Yes. The previos poster asked, how much longer will it last. The last bear market in gold lasted 20 years. Markets have secular cycles, and last 15+ years. I believe we have a long way to go in gold before we top out. How long? Don't really know, but I definitely see gold hitting $2000 - $2500 per ounce.
2006-08-02 05:38:10 · answer #1 · answered by 4XTrader 5 · 0⤊ 0⤋
We are in a commodities bull market, especially with the high growth rates in China and India. There is demand for many types of commodities and will probably last at least for several more years.
2006-08-02 12:27:52 · answer #2 · answered by Aunt Susan 1 · 0⤊ 0⤋
Why would you elect to invest while that's in any respect time highs? bear in mind the addage - purchase low sell extreme. that's all hypothesis employing the cost bigger now - start up shifting in direction of equities. the guy below is a finished gadget. Telling me MY argument is biased based upon the 30 words above I wrote. take a seem on the countless rubbish this individual has written to others on solutions. He predicts that the Dow will fall to one thousand-2000, that's approximately an 80% drop interior the completed inventory industry.
2016-12-10 20:04:20 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Yes, now is the time to buy. The experts say $800/oz by year end and maybe $2000 - $3000 next year or two.
2006-08-02 20:26:27 · answer #4 · answered by Anonymous · 0⤊ 0⤋
yes we are looks like and if you go on following the trend you can make money in gold
2006-08-05 03:50:57 · answer #5 · answered by Oye chak de phatte!! 5 · 0⤊ 0⤋
Yes. The question is, how much longer it will last.
2006-08-02 05:28:04 · answer #6 · answered by NC 7 · 0⤊ 0⤋