Gold

[Somewhatfoolish]

Fittster said:

Somewhatfoolish said:

Fittster said:

An investment doesn't have to provide income. Your argument is against all commodities which are clearly an investment class.

Well... that's still debatable...

How? Considering the returns of shares over the last decade writing off many assets classes which have provided strong returns seems rather poor investment advice.

I'm not at all suggesting that you cannot make money in the commodities market... I just wouldn't call them an investment, by my definition of the term. It's not a value judgement on the suitability one way or another...

[4sure]

good prediction in january then, but what about the next 6 months ?

[madbadger]

Thread bump.



Interesting reading it back.

[NRS]

coyft said:

coyft said:

Who are these people?
When are things going to "calm down"?
How can something be over valued in relation to itself?

Let's have a prediction. I'll go first, gold will hit $1700 sometime this year.

Indeed. Not a bad prediction in Jan 2011.

That's probably part of the reason you can afford things like the Zonda, If you don't mind sharing when did you actually sell your gold?

[ringram]

A broken watch is right twice a day