When do you think gold will hit?

Question

over $700 and oz?

Do you invest in precious metals?
If so why?

Answer 1

Probably by the end of the year.

And yes, I invest in precious metals.
Why? Because precious metals are historically a hedge against inflation. Inflation has been really high as of late, and will continue to be a problem in the near future. Also, as the dollar weakens against other currencies, the price of precious metals go up. With the rising national debt and trade balance, the dollar is likely to continue weakening against other currencies over the next few years, which means precious metals will go up. There are a few other reasons, but these are the main ones in a nutshell.

Answer 2

and different tech shares have been paying for and merchandising at insanely intense features formerly a lot of them lost ninety% of their fee. what's your element? Subprime mortgages have been rated triple AAA. costs/scores/etc do no longer continually mirror an enduring form. Gold is doing properly because of the fact of world turmoil stunning now, yet you would be annoying pressed to locate anybody interior the financial international who's retaining onto an considerable gold portfolio. traditionally, gold has underperformed person-friendly inventory long term by applying a healthful margin. And there have been gold bubbles interior the previous, which i think of you are able to analyze in case you're truthfully putting any money interior the markets. Lesson of the markets: What is going up could come down.

Answer 3

Gold should hit over $800 by the end of this year according to the experts. I personally invest in silver coins and silver bars. I like silver because it is inexpensive to own and easy to acquire. It is also a private and liquid. Silver is expected to hit $15/oz by the end of this year and $30/oz by the end of next year.

Answer 4

hmm give it 4 years.