price of gold is rising.is it sensible to invest in gold now?will it yield good returns?
October 19th, 2009 | by admin |
sammy asked:
the recent trend shows gold prices are escalating.is it safe and sensible for an investor to invest in gold at the moment.
giusto
the recent trend shows gold prices are escalating.is it safe and sensible for an investor to invest in gold at the moment.
giusto
3 Responses to “price of gold is rising.is it sensible to invest in gold now?will it yield good returns?”
By artyermash on Oct 20, 2009 | Reply
you are forgetting the essential rule of investing: buy low, sell high. Gold has been increasing in price, and companies that mine it seem to be slowly digging themselves out of a slump. As per Jim Kramer (Real Money radio show), this might be a good time to invest in gold mining companies. He did not mention whether investing in the commodity itself might be profitable in the near future.
By lacrosse13bb on Oct 21, 2009 | Reply
For you money it is higher risk though because they arent established but.
By tnspro22 on Oct 22, 2009 | Reply
The economy than traditional financial securities stocks and bonds may be negatively impacted gold or in times.