Invest in gold seems that is opportunity!

Romania
March 19, 2011 6:43pm CST
Many peoples invst in gold for many years.Whay? Because any cirrency have a cover in this metal:gold.Recent some great of success investors or businessman recommend to make a good step to invest in gold metal.I analize on Forex program this opportunity and seems a good time to profit.You hear about this offer?You have occasion to find prove for this opportunity?Finally what is your experience in this domain?
4 responses
@yallit (3677)
• Philippines
20 Mar 11
Aside from gold, you may want to consider investing on Silver as well. The price for both precious metals are currently soaring. I hope to get my free silver with the help of the ASGW program.
• Malaysia
21 Mar 11
Silver has good price as well in the market nowadays...Both metals have been regarded as two of the most precious metals on earth, behind just to diamond...By the way, can you explain what is the ASWG program? I can see that it is giving out free silver, correct me if I am mistaken...
@yallit (3677)
• Philippines
21 Mar 11
That's a money cycler program where you get to earn cash once you cycle your position. There are 4 levels to cycle from and when you cycle the 4th level, you get a free Silver coin from Bridge2Silver.com as one of the bonuses.
• Singapore
8 Apr 11
Gold is a good hedge against inflation. So if you were to allocate a portion of your investment in this precious metal, you will benefit from it. It is a very volatile investment instrument.
@livecenter (1136)
• Malaysia
20 Mar 11
I can see the potential of gold making the extra source of income for us, but nevertheless I don't really agree with your statement that every currency have a cover in this metal The USA has stopped using gold as to hold their money value (I mean, using gold value as the back up value for every single piece of money printed and produced in the USA)...I hope you will revise that matter for the sake of us... Nevertheless, the omni-increasing price of gold allures the people to invest in them, but the increase has a paradox - the gold will not be easier to buy tomorrow than to buy today...Every time you cashed out your profit, you will need it back to buy again tomorrow (in case of daily options), and I cannot see any gain that we will achieve through that... Thus I only prefer gold investment for long-term investment...
• South Africa
20 Mar 11
most people don't invest in gold [i am not talking about jewelery here], they speculate in it , they take a short term position and once they have made their money they close their positions . There people who buy gold shares but its mostly for the capital gain, forget about dividends!Investing in physical gold is risky business, so people use a derivative , like a futures contract .....if you like risk you can go the speculative route , risky , very risky