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gold , has it another bit to go

  • 30-08-2010 1:22pm
    #1
    Closed Accounts Posts: 5,700 ✭✭✭


    ive done a bit of reading over the past few weeks on gold , many believe its a bubble ( as it has seen growth of over 180% in the past three years ) but some believe it has plenty of legs left due to the contineous global economic uncertainty , i realise by buying gold , i would be jumping on a bandwagon and a couple of years too late but id like to think it would be at least as rewarding as sticking it in the likes of rabbo for a few years

    is the gold rush party nearly over ???? , my investment period is three years max


Comments

  • Registered Users, Registered Users 2 Posts: 1,464 ✭✭✭daveyjoe


    Do your research or pay somebody to do it for you, asking on a forum will not give you any advice worth paying attention to.

    Schiff, who has been buying large quantities of gold since the early 2000's reckons it will be at 5,000 in a few years time. Other investors are saying that it's a market based on fear and we've largely turned the corner, so Gold would be a poor investment at this time. Of course, nobody knows for sure.


  • Closed Accounts Posts: 5,700 ✭✭✭irishh_bob


    daveyjoe wrote: »
    Do your research or pay somebody to do it for you, asking on a forum will not give you any advice worth paying attention to.

    Schiff, who has been buying large quantities of gold since the early 2000's reckons it will be at 5,000 in a few years time. Other investors are saying that it's a market based on fear and we've largely turned the corner, so Gold would be a poor investment at this time. Of course, nobody knows for sure.


    thanks , i think your right , no one really know for sure


  • Closed Accounts Posts: 337 ✭✭WildBoots


    Gold is going north.


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