I says it once and I says it again, Gold and Silver prices are down more than 30% from the end of 2012 to 2013. Do you guys think now is a good time to invest or are precious metal prices doomed now more than ever??

I says it once and I says it again, Gold and Silver prices are down more than 30% from the end of 2012 to 2013. Do you guys think now is a good time to invest or are precious metal prices doomed now more than ever??

I shouldn't invest in them now. I'm pretty sure they will rebound and chase new highs, but that's not going to happen now or anytime in the near future.
I say its a great time to invest, you might win big or lose small
I would invest if I had a lot of money. Gold was a really good investment at the end of June when its prices fell significantly and then they rebounded in September. Prices are back down again so I would invest in them.
With an ever improving economy (look at Dow Jones) and job market, of course precious metals are down.
Time to remove all my teeth and replace them with gold teeth, LOL JK of course.
I would say wait for another Republican to be In Oval Office at the start of his second term, and then invest in Precious Metals. It's full-proof.
| Kaizar said: With an ever improving economy (look at Dow Jones) and job market, of course precious metals are down. Time to remove all my teeth and replace them with gold teeth, LOL JK of course. I would say wait for another Republican to be In Oval Office at the start of his second term, and then invest in Precious Metals. It's full-proof. |
You're probably right. I just stack metals on the dips and plan on selling if it gets really high!
When Fort Knox puts it's gold on Ebay or start a garage sale then gold is doomed. I don't see that happening.
Seriously though, gold prices are deliberately manipulated.
"Fact" of the Day: It is said all the gold ever mined can fit into an Olympic size swimming pool.. or maybe two. In other words it could fit into a cube with sides of just 20 metres.


I guess their not so precious now
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| justinian said: When Fort Knox puts it's gold on Ebay or start a garage sale then gold is doomed. I don't see that happening. Seriously though, gold prices are deliberately manipulated. "Fact" of the Day: It is said all the gold ever mined can fit into an Olympic size swimming pool.. or maybe two. In other words it could fit into a cube with sides of just 20 metres. |
That's probably only counting gold in reserves. Probably not counting jewerly/old coins and old bars/ gold used in technology but still impressive
I think those metals will become irrelevant when we start running out of the rare earth metals. Suddenly the gold and silver price will dwarf against them. I'd rather invest in them.
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