Originated From
 A1 Articles

Posted by Sharon 3 years ago In:

, , , ,

Sharon
Sharon Asked About 'The Mystique of Gold Coins'

Has anyone had any good experiences investing in gold?

Has anyone had any good experiences investing in gold? I've heard a lot of people talking about their "gold portfolio," but is it really a profitable endeavor?

Liked this question? Tell your friends about it

3 Answers

Order by
Oldest to Newest
Newest to Oldest
Votes
patminbros
patminbros Answered:

Yes. I've acquired gold when it was $3 hundred and change per ounce only several years ago, and is now trading at over $1300. There is a direct corresponding measure on gold to market that any investor must pay attention to in order to bet on short runs. Long run speculation though, is a bet worth taking. In the early 1900's, gold ran in the tens of dollars. Fifty years later, it ran in the hundreds per ounce. Today... well - you already know we're well over $1,000/troy ounce (or 31.2 grams). But gold also had an up-shot to $800 an ounce before falling again to the 3's and 4 hundreds. As to wheather or not you should invest in gold, it really depends on your investment goals and longevity strategy. Like all investments, there is risk of loss; but as the saying goes, you don't lose until you sell low!

Unless you're a professional trader, or have their expertise at hand, I don't recommend short-term investing in gold... the market is volital and shifting quickly from day to day. Long term however, I think gold will hit well over $2K/an ounce in the next 10 to 15 years... but that too is speculation.

Add a comment Report
jinapci
jinapci Answered:

I have no ,However, the appreciation of gold soon,i suggest you can collection
Gold ,you can buy a gold watch or other gold products ,if you want to buy a best rolex gold watch ,you can go to :http://www.cheaprolexshop.com    and http://www.buy-cheap-rolex-watches.com they have many gold watch in high quality and cheap price !

Add a comment Report
~Sweet Gypsey~
~Sweet Gypsey~ Answered:

My F.A. handles all my finances, but the gold coins and such jewelry will  be handed down..

No one is in need now..and a lot I had already given away..

Delilah cut Sampson's hair and forced him into servitude and demise, powerful is woman, strong and vigilant, she brought her men off battlefields to carry them on her back to safety or to burial
Comments (2) Report

Related Questions

Other people asked questions on similar topics, check out the answers they received:

Rob

Asked: Cook Island gold commemeration coin with ...

Cook Island gold commemeration coin with serated edge. One side has 11 point sunburst design with raised words which say Elizabeth 11. Opposite side it has a pic of a kneeling nude girl, on the right ...
  • Posted by Rob 7 months ago
anthony Ottman

Asked: Gold coin with word oto on it? anyone have any ...

gold coin with word oto on it? anyone have any idea?
Randy Miyasato

Asked: Us double dated 1972 covered pure 24kt gold ...

Us double dated 1972 covered pure 24kt gold kennedy half dollar coin misprint, the eagles wing is covering the m and e

More Questions

Investment is stock is safe?

As long as the herd is free of mad cow disease, your investment should be just fine.

Want to know about equities investment.

"Equity investments are high risk, high return assets. The markets are risky and waiting for the markets to improve is probably the worst investment error that you can make. Equities fluctuate directly with the markets and when the market is down, it is not a bad time to invest in equities if you ...

Which is harder - 9ct or 18ct gold?

Now many people like the gold colour very much and that is the same as that a now more and more people now like hunting for treasures, and unlike before nowadys a many advanced device have been invented to help people with their road of hunting for gold and among varous kind of devices, people like ...

Investment fund management in Singapore.

Depends on one's investment profile really. If your investment portfolio is less than an average of $200k, most people self manage. That involves reading up on current trends, doing research as and when you can. Typically you would also have a profile account set up in your investment platform so ...