Investing in gold? [Archive]

HoLLo

02-24-2010, 10:06 PM

I've been wanting to do some more investing, and investing in gold has really crossed my mind lately. I mean the trend of gold has gone up tremendously. If you bought gold in 2002 and sold it today, you'd get exactly double what you paid for back. Anyone done any investing in gold, or have any general input on it?

BLK95TA

02-24-2010, 10:10 PM

what's gokl? :laugh:

HoLLo

02-24-2010, 10:21 PM

My intentions were to receive constructive posts.

Fastbird

02-24-2010, 10:25 PM

I wouldn't do it now. It's at a high point. I'd wait on it.

HoLLo

02-24-2010, 10:35 PM

I don't really see it going down soon

Prize of gold per ty oz.
http://upload.wikimedia.org/wikipedia/commons/0/00/Gold_Price_%281968-2008%29.gif

tomsws6

02-24-2010, 11:14 PM

id do it. If you do wait and it dows go down it wont go down much. What is it now, a thousand bucks a troy ounce?