DISQUS

Will Kirby · 3 years ago

I've been wondering about gold myself. I've been thinking of buying into a Gold ETF on the next slump but I just can't pull the trigger. The thing about Gold though is that while it may be in a short term "bubble", I think it's a really solid play for the next 10 or 20 years. While I think that, I have a tough time pulling the trigger on a stock/asset that I feel i'll be comfortable with in 10/20 years but not right now.

WTJ · 3 years ago

the price of the gold is really too high now.. it's better to buy low sell high

Flexo · 3 years ago

The price is high compared to the last 25 years, but is it high compared to the next 25 years?

jim · 3 years ago

Buy Google!

Will Kirby · 3 years ago

Flexo's right - I bet 25 years from now we'll look back at the price of gold right now and think it was a steal. Does that mean i'm ready to pull the trigger - nope!

mbhunter · 3 years ago

Gold would need to be $1400/ounce (inflation adjusted) for it to match its high in the early 1980s.