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Scenario for gold in Dollars

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  • 15-02-2018 11:30am
    #1
    moneymad
    Registered Users Posts: 882 ✭✭✭


    Gold will rise to 5000 USD by 2020.
    What are the ways of making a killing from this in ireland.
    I don't want to use margin/ leverage.
    Anything 1:1 is fine.


Comments

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    #2
    nuac
    Moderators, Society & Culture Moderators Posts: 6,769 Mod ✭✭✭✭nuac


    Why do you think Gold will go up by that much by 2020?


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    #3
    Cute Hoor
    Registered Users Posts: 1,788 ✭✭✭Cute Hoor


    moneymad wrote: »
    Gold will rise to 5000 USD by 2020.
    What are the ways of making a killing from this in ireland.
    I don't want to use margin/ leverage.
    Anything 1:1 is fine.

    The price of gold is going to rise by 370% in 2 years and you don't want to use margin/leverage, are you mad, raid the piggy bank, sell the car, house and any other assets you can get rid of, borrow, and invest it all in gold, what have you got to lose.


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    #4
    garrettod
    Registered Users Posts: 2,430 ✭✭✭garrettod


    nuac wrote: »
    Why do you think Gold will go up by that much by 2020?

    Good question.

    Maybe it's the Trump factor ? ;)

    Thanks,

    G.



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    #5
    TiGeR KiNgS
    Registered Users Posts: 1,435 ✭✭✭TiGeR KiNgS


    moneymad wrote: »
    Gold will rise to 5000 USD by 2020.
    What are the ways of making a killing from this in ireland.
    I don't want to use margin/ leverage.
    Anything 1:1 is fine.

    You sound new to this.


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    #6
    BrokenArrows
    Registered Users Posts: 7,500 ✭✭✭BrokenArrows


    moneymad wrote: »
    Gold will rise to 5000 USD by 2020.
    What are the ways of making a killing from this in ireland.
    I don't want to use margin/ leverage.
    Anything 1:1 is fine.

    The ways to make a killing would be to buy physical gold, invest in gold miners. My bill will be in the post!!

    Seriously though, sounds like the OP is posting a hypothetical.


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