Is it worth to invest in gold now?

Discussion in 'Money Matters' started by Yahooo, Jun 21, 2013.

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  1. Jun 23, 2013 #11
    GoogleGlass

    GoogleGlass IL Hall of Fame

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    A further correction is definitely there downwards. Then might take a year or so to start moving up again. It is cyclical.

    Traders are the one to be worried, small buyers like us (need based buying) need not worry much.
     
    GoogleGlass, Jun 23, 2013
    GoogleGlass, Jun 23, 2013
    #11
  2. Jun 23, 2013 #12
    kalaivenkat

    kalaivenkat Junior IL'ite

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    yes if we buy jewellery to keep it in the family, years down the line it doesn't matter if it was a couple of thousands cheaper or not, only traders need to worry.
     
    kalaivenkat, Jun 23, 2013
    kalaivenkat, Jun 23, 2013
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  3. Jul 1, 2013 #13
    k11

    k11 Silver IL'ite

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    Never buy jewellery, you have to pay 10-15% in wastage. That's how the jewerelly shops make money.
    Buy bars, coins, biscuits.

    Prices are correcting now. Nobody wants to catch a falling knife.
     
    k11, Jul 1, 2013
    k11, Jul 1, 2013
    #13
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