2007-02-26 16:37:11 · 4 answers · asked by Anonymous in Business & Finance ➔ Investing
maybe, just use your own judgement and listen to nobody without understanding their bias.
Gold is an element with a value that is intrinsic. It is unlike the dollar because the dollar's value is symbolic. If the idea of america goes bad the dollar loses value. Gold does not lose it's intrinsic value and sometimes gets more valuable when symbolic valued items become unstable. With inflation in the forecast for 2008-2009 and the huge real estate bomb of 2011 predicted by 3 top economists from 3 different continents, gold may be the sfest bet yet. China is going to win it all though, in the long run.
2007-02-26 17:08:48 · answer #1 · answered by mario van peebles 1 · 0⤊ 0⤋
hi. gold is @ alltime high now.not a gd time to enter. when it re-adjust or re-valued as w call it around the price of USD$587, then u might view it as an entry point. gd luck
2007-02-27 00:52:26 · answer #2 · answered by silver hawk 1 · 0⤊ 0⤋
Yes.
2007-02-27 17:29:14 · answer #3 · answered by Anonymous · 0⤊ 1⤋
No...
2007-02-27 02:33:39 · answer #4 · answered by cork 7 · 0⤊ 0⤋