gold futures are up huge every week. will this trend continue?what are some of the things that could hurt this trend?
2007-03-16 15:13:28 · 5 answers · asked by Unions are Lazy 1 in Business & Finance ➔ Investing
Going up, up, up. Intrest rates too.
See the trend?
2007-03-16 15:18:10 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Stocks are somewhat stable-futures are not. the stock can go up and futures should go up also, but not always. BE very careful. All investments have risk. Gold went from $1000 to $250 over 20 and is now $600 while the dollar is worth half. A good time to buy was $250
2007-03-16 22:46:43 · answer #2 · answered by RayM 4 · 0⤊ 0⤋
Need to focus on acting. Gold should be 5% of investments at this point. IAU or DGL are etfs to play it as physical gold an unwise purchase. Don't even think of buying futures directly. Inlfation will push gold up as will China & India though road will be bumpy. Inestead of thinking act.
2007-03-16 23:24:21 · answer #3 · answered by vegas_iwish 5 · 0⤊ 0⤋
Hi,
Silver mines in Canada are a better investment. Silver's around $13 an ounce. It has industrial uses and gets used up faster than gold.
Silver futures are very risk and speculative and you will lose your shirt if you don't know what you are doing.
Kindest Personal Regards,
Walt Brown
Site Build It Certified Webmaster
capecod1@capecod-beaches.com
2007-03-19 00:17:55 · answer #4 · answered by wabboc 4 · 0⤊ 0⤋
The trend is your friend.....buy calls
2007-03-17 02:42:49 · answer #5 · answered by Scott O 3 · 0⤊ 0⤋