Investing in Gold? forex?

investing money in gold is always good because it is an international/world currency, but now at present 28k u have to wait for correction u can buy it near 25k for long term.

 

28k gold does not exist. 24k is the maximum for gold. If you consider 25k "near" 24k, then it is possible to buy near 25k. All gold ingots are 24k. Most coins and jewelry are under 24k.

 

mmerlinn is right,a karet(K) is a unit equal to 1/24 of gold in an alloy and measured by it's purity.So 24 karet is pure gold while 18 karets are 18 parts gold and 6 parts other types of metals.
So...there is nothing above 24k gold.
P.S. here is a tip for those of you considering where to invest.Aluminum has gone up 2.05% in the last 3 months and copper has gone up 1.79% in the same time frame.

 

And in the last 13 years STEEL has gone up 10000% while ALUMINUM has gone up 400%.

 

That is only for hot rolled steel plate.Hot rolled steel coil and steel wire rod have not gone up as much.(there is big $$$ in war)

 

Not for hot rolled. For the STEEL scrap that goes into MOST steel products. Steel scrap in August 1998 was $3 per TON. As of 3 weeks ago steel scrap was $310 per ton. I have the receipts to prove it. I currently sell about 60 tons per year, though in some years I have sold over 350 tons.

Prices of finished products lag scrap prices from 6 months to 2 years depending on the product, so using finished product prices as a yardstick is very problematic. That is like comparing gold prices to solid gold jewelry prices - a total waste of time. Comparing raw material prices (Gold, Silver, Steel scrap, Ores of any kind, etc.) is better than comparing finished product prices. Finished products have varying degrees of inherent fabrication costs which skew any comparison.

 

don't put anymore than 10% of your money in gold. i've heard this tip over and over again.

 

So, if I have only $100, then I can only spend $10 on gold? Where can I buy gold that cheaply?

 

In my experience gold will be the better one to invest in (mainly for long term profits and sometimes for short terms too).

 

The reasons gold has increased so much is because it has been seen as a safe haven from the financial crisis, however we may slowly be coming out of that (unless you live in europe) so the prices may actually begin to fall. Its not a good time for gold. Copper and other substances used in electronic components will continue to rise, and those will be safe investments.

 

Investment in gold is more save than forex.

 

i haven't try to trade gold, i usually trade forex with EUR/USD & USD/CAD

 

If you've invested in gold you are taking a severe beating these days.It has been going down....down....down.Also everyone has been unloading their U.S. dollars too.I've been trading them for Canadian dollars.This morning the U.S. dollar was $0.9601 against the Canadian dollar.
Not sure why,as the U.S. economy is showing signs of rebounding.The U.S. job unemployment rate went down and the Canadian went up.So why?......Well traders think the U.S. is about to get involved in another war(Iran)and they are getting nervous.So they are trading their U.S. greenback causing the dollar to slide a bit.

At least that is what I think is happening.

 

Gold and Land is best for investment...Gold give good return compare to Land. Gold investment have very less risk.

 

I've done forex also. 8 percent increase after 2 weeks.

any forex trader can pm me.

 

gold is best for long term investment but i will suggest you to go for forex if you want to get quick money.
my boss Ezekiel chew from singapore have earned 190k in just one month in a single trade through price action forex trading.
but one thing you should kept in mind that this is the one of the risky market of the world.

 

that's alot, does he show the payment proof?

 

Ya...gold is one of the best investment for ever...