Author Topic: IS IT THE RIGHT TIME TO BUY GOLD & SILVER ?  (Read 1688 times)

Offline ANONYMOUS

  • Dansdeals Gold Elite
  • ***
  • Join Date: Dec 2011
  • Posts: 147
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
IS IT THE RIGHT TIME TO BUY GOLD & SILVER ?
« on: August 03, 2012, 01:17:35 PM »
I was wondering your opinion on this matter! If you believe that now is the time to buy gold & silver before the price will sky rocket like so many are predicting?

& is it a safe place to put Cash, if I have a lot of it on hand?

Thanks in advance for all your thoughts & advice!


You can check live prices for GOLD, SILVER, PLATINUM, & PALLADIUM at: www.monex.com



 


Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 31015
  • Total likes: 7975
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: IS IT THE RIGHT TIME TO BUY GOLD & SILVER ?
« Reply #1 on: August 03, 2012, 01:20:21 PM »
I was wondering your opinion on this matter! If you believe that now is the time to buy gold & silver before the price will sky rocket like so many are predicting?

& is it a safe place to put Cash, if I have a lot of it on hand?

Thanks in advance for all your thoughts & advice!


You can check live prices for GOLD, SILVER, PLATINUM, & PALLADIUM at: www.monex.com

I think these commodities are overvalued, but the price isn't going to come down much anytime soon. What kind of safety are you looking for?
DDF FFB (Forum From Birth)

Offline ANONYMOUS

  • Dansdeals Gold Elite
  • ***
  • Join Date: Dec 2011
  • Posts: 147
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: IS IT THE RIGHT TIME TO BUY GOLD & SILVER ?
« Reply #2 on: August 03, 2012, 01:23:21 PM »
I think these commodities are overvalued, but the price isn't going to come down much anytime soon. What kind of safety are you looking for?

Safety- in terms of putting cash into something that will not go down, so to stay safe but not to keep cash in US Dollars!

Thanks!

Offline AsherO

  • Global Moderator
  • Dansdeals Lifetime 30K Presidential Platinum Elite
  • **********
  • Join Date: May 2008
  • Posts: 31015
  • Total likes: 7975
  • DansDeals.com Hat Tips 79
    • View Profile
  • Location: NYC
Re: IS IT THE RIGHT TIME TO BUY GOLD & SILVER ?
« Reply #3 on: August 03, 2012, 01:24:42 PM »
Safety- in terms of putting cash into something that will not go down, so to stay safe but not to keep cash in US Dollars!

Thanks!


Go down with regards to buying power? Gold can lose its buying power too...
DDF FFB (Forum From Birth)

Offline ANONYMOUS

  • Dansdeals Gold Elite
  • ***
  • Join Date: Dec 2011
  • Posts: 147
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: USA
Re: IS IT THE RIGHT TIME TO BUY GOLD & SILVER ?
« Reply #4 on: August 03, 2012, 01:26:19 PM »
Go down with regards to buying power? Gold can lose its buying power too...

Yes, exactly!

Offline ChasingTheDime

  • Dansdeals Gold Elite
  • ***
  • Join Date: Jan 2012
  • Posts: 160
  • Total likes: 0
  • DansDeals.com Hat Tips 0
    • View Profile
  • Location: Los Angeles
Re: IS IT THE RIGHT TIME TO BUY GOLD & SILVER ?
« Reply #5 on: August 03, 2012, 01:38:07 PM »
well, the right time is a few years ago, now... idk, i guess it will be pretty inflated until the world economy gets back on track, and thats not looking great right now