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20 July 2015, 09:04 PM
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#1 |
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"TRF" Member
Join Date: Feb 2011
Real Name: Mike
Location: Buffalo, NY
Posts: 3,971
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Gold time?
With spot gold pretty low, is now a good time to buy, or do the experts here think it'll drop even more?
I'm guessing at some point it will go back up, correct? |
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20 July 2015, 09:10 PM
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#2 |
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Banned
Join Date: Nov 2010
Location: Kingstown
Posts: 58,279
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Buy
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20 July 2015, 09:15 PM
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#3 |
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2024 SubLV41 Pledge Member
Join Date: Jul 2013
Real Name: Brian (TBone)
Location: canada
Watch: es make me smile
Posts: 78,129
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Commodities are anyone's guess, they tend to move in cycles, and precious metals are in a down cycle at the moment. If your time horizons is several years then perhaps, but if it were me, I'd invest my money elsewhere.
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21 July 2015, 12:19 AM
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#4 |
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"TRF" Member
Join Date: Jul 2015
Location: Calgary, Alberta
Posts: 13
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None the less if your looking for a short term investment to roll over a quick profit probably not going to be with precious metals. However I'm my mind gold is king for the fact it's a way to hedge against inflation. It's one of the best liquid assets to have. Just my 2 cents!
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