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Gold going up

gonelifting

gonelifting

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$400 and over. I predict $440+/ounce.

I know it`s a lame investment, but doing well in it so far. Much better than cash which was my other option.
 
it's up only 20% in a year. that's terrible. if you would of invested in the nasdaq you would be up like 90% or so


but it's still better than the alternative. going down
 
There's always something better. Good pick with the gold.

You could have went into oil, thinking the war would create an oil shortage, its about $24/barrel now vs 32/barrel leading up to the war.
 
damn nikka ima sell mah gold teef at dis hea rate
 
Devastation said:
it's up only 20% in a year. that's terrible. if you would of invested in the nasdaq you would be up like 90% or so


but it's still better than the alternative. going down
Click to expand...


I will use the QQQ as the nasdq and the xau as the gold index.

This is a one year chart comparison of the two.

I am NOT saying a gold investment is better than the nasdaq. I was just pointing out the sometimes overlooked commodity.

One has to also weigh the risk/reward ratio. If invested in Gold You`re certainly not gonna lose your shirt overnight. (just an example)

Heres the chart comparison for 1 year. The 6 month is similar.

http://ichart.yahoo.com/z?s=^XAU&t=1y&q=l&l=on&z=m&c=qqq&a=v&p=s
 
Gold is a very solid investment GL. Especially in uncertain economies.
 
a 20% return is a joke???? ummmm???:confused: ...a neutral person(randy woolridge) working for goldman sachs(it wasnt a manipulated study) looked at the past ten years and took the "top ten" investing firms, and the stocks the top investment advisors said to invest in, all had a lower return than the SP500, except 2...morgan stanely, and one other!
 
magman1 said:
a 20% return is a joke???? ummmm???:confused: ...a neutral person(randy woolridge) working for goldman sachs(it wasnt a manipulated study) looked at the past ten years and took the "top ten" investing firms, and the stocks the top investment advisors said to invest in, all had a lower return than the SP500, except 2...morgan stanely, and one other!
Click to expand...


I`ll try the link again.

Who said 20%? Not me.

This is the nasdaq 100 and xau index for 1 year. Look at the difference.

BUT I`m not arguing that GOLD is a better investment. IT has done better than the daq in one year. and 6 months time period, WITH a LOT less risk.

Maybe you have to cut and paste it.

http://ichart.yahoo.com/z?s=^XAU&t=1y&q=l&l=on&z=m&c=qqq&a=v&p=s
 
Gold at 7 year highs today.

Who woulda thunk it? lol
 
Devastation said:
it's up only 20% in a year. that's terrible. if you would of invested in the nasdaq you would be up like 90% or so


but it's still better than the alternative. going down
Click to expand...


your avatar fucking scares em a hate clowns :mad:
 
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