Investing in Gold? forex?

thanks for your opinion, we will add one more vote in the poll, forums are messy. anyway, waiting for vBullentin to get to version 12.2, where thing are more organize and future user need not waste time browsing least impt posts, ever seen hidden youtube comments? we are heading there, I hope soon.

 

Well like anything it has it's risks.

Gold could go higher or it could hit bottom. We have to wait and find out.

 

cant make money waiting my friend, if u have opportunity that makes money waiting, please share.

 

If the world economy picks up (the hopes of that aren't looking too bright at the moment) gold will decrease in price. It's a nice hedge against inflation though and a strong support when economies are flat or in recession.

I think a better bet would be silver. It's more affordable per ounce, is used a lot in various industries (so demand usually stays strong) and in my opinion is under priced at the moment. I wouldn't get too much into forex, but then I'm not well versed in it, so I'll let others offer their take on it. All in all, though, gold is high but can still go higher. I think it'll hold in this range (plus or minus, say, an extra $50-$100 an ounce from it's current price) for a few more months up to a year.

If we see a major move either way in the economy, then it's price will continue to increase or drop accordingly. Keep an eye on the long term economic trends rather than the short term "hiccups" when it comes to gold and act accordingly. It's always been a pretty good rule of thumb for me when deciding to invest in it.

 

That's a good thing! Gold will never get cheap.

 

"Gold has a younger sister..she's pretty,and she's dating again."
She also has a hot cousin with flaming copper hair. This girl should not be overlooked. I believe she is going somewhere...........straight to the bank.

 

gold is ok for your future.

 

well, what does "all that glitters is gold" phrase mean?

 

If I had more money, then I might invest some in gold!

 

However dealing gold is quite easier. The cost of gold is placed to the US money. Usually significance if the money is powerful cost of gold reduces, but if the dollar is weak and gold will development of value.

 

Gold will go high, forex we can tare daily

 

gold will be hitting the highest at the end of this year, under the effect of QE3.

 

It is a good option to increase profits but you must have good experience in this field.

 

Gold, Silver, Oil, Forex, its all the same to me. I can make money from all of them.

 

In Forex trading, gold can be a protection against the US dollar. If the US dollar increases in value, the gold trading price decreases; if the US dollar decreases, gold prices increases. With this knowledge, investors can use gold trading as a way of balancing their profit and loss against the US dollar.

Market conditions change but, in the long term, gold keeps its purchasing power. Its value, in terms of the real goods and services that it can buy, has remained firm. The purchasing power of many currencies has generally decreased because of the impact of rising prices for commodities and services.

As a result, some investors buy gold to balance the effects of inflation and currency value changes. In Forex trading, buying and selling gold is usually done by investors not for the long run, but rather for speculation reasons. In the Forex market one can buy gold (XAU) and sell it after a few hours, trying to profit from the small fluctuations (moves) in the gold price.

 

Forex is high risk investment, If you not a professional, dont try it. But it is can make you High Return.

 

Investing in Gold would be very helpful for you.

 

I can't believe how stupid people are. Venezula has devalued the Bolivar in part due to the death of Chavez. Traders are panicking so I acquired (traded) a bunch this morning. In 6 or 7 months all will be stabilized and oil will flow, and Caracas will be laughing. Then I will unload and make $$$.