Comments on: 6 Reasons Why The Price Of Gold Is Going Up

By: Bail OUT

Bail OUT — Thu, 18 Feb 2010 20:50:13 +0000

I bought gold 4 yrs ago at 620$ best investment i ever did I bonds are good to

By: Talha

Talha — Fri, 04 Dec 2009 13:21:28 +0000

BE CAREFUL GUYS ! there must be something going on with this gold thingy :)

By: junaid

junaid — Mon, 30 Nov 2009 05:57:34 +0000

o kay…what would you advise to some one who wants to invest in gold today?can it be a short term or long term investment..{ i hope my silly questions are not bothering you much :-) }

By: MoneyEnergy

MoneyEnergy — Sun, 29 Nov 2009 17:46:41 +0000

@junaid – I’m not sure how Dubai’s recent developments will affect the gold market – if anything it seems more bullish for gold given more debt default threats. And yes, gold is still not barely at half its inflation-adjusted prices from 1980 when it was at about $2500. I haven’t yet heard any calls for $6000 gold, but who knows how that guy is making his calculations.

By: junaid

junaid — Sat, 28 Nov 2009 11:34:42 +0000

i found following lines on the internet…..

“Dylan Grice, a strategist at major European financial services firm Societe Generale, provided an even more optimistic assessment of Investing in Gold last week.

He explained that gold prices could go as high as $6,300 per ounce, based on inflation-adjusted calculations relating to the previous gold bull market in the 1970s”

can any body explain this…???

By: junaid

junaid — Sat, 28 Nov 2009 11:31:04 +0000

hi….is it still safe to invest in gold after dubai market crash,what are the chances of gold still going up…to my understanding dubai market crash means that UAE government is not buying the yellow metal,so this condition may prevail for a limited period and gold will again go up…any comments…regards…

By: MoneyEnergy

MoneyEnergy — Sun, 22 Nov 2009 19:58:28 +0000

@JUNAID – A few analysts are certainly calling for $2000 in a year’s time. The big factor is the extent to which economic conditions remain the same. If they more or less remain the same as today (uncertain U.S. growth etc.), then to me it does seem possible we could see $2000, especially with continued central bank buying.

By: JUNAID

JUNAID — Sun, 22 Nov 2009 06:59:30 +0000

hi
just have gone through a nice piece of pure research on soaring gold prices,bravo,well in your opnion what are the chances of gold going further up and upto what limit w.r.t time line,i ve read alot on internet that this price hike is here for good and might hit 2000$ in a year or so,what do you say about that?

By: MoneyEnergy

MoneyEnergy — Wed, 11 Nov 2009 16:43:14 +0000

Could be, thanks for the idea:) I’m no expert, either, but I have read about it more than a few times.

By: Thicken My Wallet

Thicken My Wallet — Wed, 11 Nov 2009 16:27:19 +0000

I actually don’t have an opinion either way since I am not educated enough on it. Perhaps its a future post for you?