2006-08-24 23:12:52 · 4 answers · asked by wesleyelvis 2 in Business & Finance ➔ Investing
I assume gold will keep its rising on its current trend. Following the 5year gold chart (http://kitco.com/charts/livegold.html ) I calculate a 18% annualised growth rate. So my estimate for Gold in August 2007 is 755USD per ounce.
I assume silver will keep its rising on its current. Following the 5 year gold chart ( http://kitco.com/charts/livesilver.html ) I calculate a 38% annualised growth rate. So my estimate for Silver on August 2007 is 17 USD per ounce.
2006-08-26 00:25:27 · answer #1 · answered by Pablo P 2 · 0⤊ 0⤋
gold is, and has been, the superb funding there is. in case you ought to settle on to positioned you earnings gold, achieve this in gold funds, bullion, solids. earrings gold is sensible even with the undeniable fact that it is not organic. it really is the organic gold which will deliver the marvelous go back. it heavily isn't too many more desirable years till having gold will be an really sensible aspect to have. it does, regardless of each little thing, decrease back the forex. silver is getting more desirable extreme priced, also. it isn't as sturdy an funding, even with the undeniable fact that it is not undesirable, both. back, organic silver. funds at .999% is as organic because it comes. earrings silver isn't organic. bars, bullion, funds. detect a respected jeweler and get some authentic suggestion, noticeably is you've been offered something for what you've. that is a sturdy theory to get a pair or more desirable critiques. i'm fortunate that i comprehend some jewelers and they are more desirable straightforward than everybody else i comprehend, regardless of occupation.
2016-11-27 20:20:36 · answer #2 · answered by deibert 4 · 0⤊ 0⤋
Gold was traditionally a safe haven during times of uncertainty. During the last 20 years or so, either people have been very "certain", or they just had too many other areas to invest in.
I'd say the latter. In the past 3 years, gold has had a bit of luster as far as investments go, but I think it won't move much.
On the otherhand, I don't think it will go down much either, so it's probably worth taking a risk.
2006-08-24 23:40:52 · answer #3 · answered by henrytut2 2 · 0⤊ 0⤋
Unlimited
2006-08-24 23:24:35 · answer #4 · answered by Grimwick Leo 2 · 0⤊ 0⤋