View Single Post
Old 10-08-2009, 01:10 PM   #32
cutthemdown
A verbis ad verbera
 
cutthemdown's Avatar
 
Zimm to HOF

Join Date: Mar 2006
Location: Long Beach
Posts: 35,584
Default

Quote:
Originally Posted by Garcia Bronco View Post
Not often at all. It's a commodity just like oil. And it'll burst just like oil. So if you are getting now you'll lose money.
It's hard to buy gold when its over 1000 an ounce.

The thing is unless you have a ton, will make a ton of money, it's not worth selling. For little investors the service charge of exchanging and buying gold cuts into it.

Also any real amounts of gold need to be stored and that costs money.

For the avg Joe Silver usually a better bet.
cutthemdown is offline   Reply With Quote