EPTInvest in gold? - Page 10
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decaf
Austria1797 Posts
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StarStruck
25339 Posts
If you catch my drift, you know what I'm implying. | ||
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Fadetowhite
Korea (South)302 Posts
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GWBushJr
Canada35 Posts
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Darpa
Canada4413 Posts
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TheWestWind
Canada87 Posts
![[image loading]](http://www.infiniteunknown.net/wp-content/uploads/2009/11/dow-jones-priced-in-gold.jpg) Full disclosure, I do own physical gold and silver and platinum. The chart is the Dow Jones priced in oz. of gold. For example, one share of the Dow is currently $11,577, and 1 oz of gold is $1,422, so to buy a share of the dow you would need (11,577 / 1,422) or 8.1 oz of gold (1:8.1 ratio) In order to profit, what you do is sell gold and buy the Dow when the ratio is low, and sell the Dow and buy gold when the ratio is high. It looks like the ratio may proceed lower, but by how much it is difficult to say. Previous lows were around 1:1, so definitely buy the Dow if that ratio hits. Buying gold, at this juncture, seems excessively risky. | ||
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Hatsu
United Kingdom474 Posts
On December 27 2010 22:20 decaf wrote: Do NOT invest in gold, the gold prices have fallen if you take inflation into consideration! Ahah what? | ||
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Zyban
United States54 Posts
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Hatsu
United Kingdom474 Posts
On January 02 2011 10:46 Zyban wrote: in other words hatsu, the increase in the price of gold hasn't matched the increase in price of general goods. In theory toilet paper would have been a better investment if this is indeed correct (which to the best of my knowledge this is not the case). Cheers mate, but I was being sarcastic  I happen to be a trader and I take particular interest in commodities, I was just baffled by the comment and I was looking forward to some kind of source to figure out what he was trying to say. | ||
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GWBushJr
Canada35 Posts
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ItsFunToLose
United States776 Posts
Anyone who looks for investment advice on a niche gamer website is asking to lose money. Once the forums start popping up where they don't belong, you know you have a bubble market | ||
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BrTarolg
United Kingdom3574 Posts
No doubt the people who genuinely know what they are talking about would avoid throwing around their views in here | ||
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tdt
United States3179 Posts
I'd buy undervalued stocks. I like MOT and a few others. It really sucks interest rates are so low so you can't just put it in a CD and make 7%...have to gamble. Thank the FED for that. | ||
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Grettin
42381 Posts
On January 02 2011 13:39 GWBushJr wrote: Are you guys buying the actual physical bars of gold/silver? There's some banks who are selling what they don't have... Best way to 'invest' in gold is to buy physical bars. Some banks etc sells a paper sheet which is the gold bar itself, but you never see the actual bar anyway, as you said yourself. But you really cant get any huge winnings when investing to Gold. Its mostly to save money for a bad year etc. Gold doesn't lose its value and the price never changes too much, so thats why it is a good way to put some money to save. I've been thinking of buying a 20g gold bar in the future. | ||
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Jago
Finland390 Posts
Taking inflation into account, gold prices, over the long run, have barely kept up with inflation and in a lot of periods have even slightly lagged behind. Gold is a speculative asset. It pays no dividends and there is no real valid reason for NAV appreciation beyond the speculative part (unlike with stocks or with bonds in an enviroment of decreasing rates). | ||
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iPlaY.NettleS
Australia4329 Posts
On January 02 2011 13:42 ItsFunToLose wrote: As others have said, Anyone who looks for investment advice on a niche gamer website is asking to lose money. Once the forums start popping up where they don't belong, you know you have a bubble market You can't really have a bubble until it enters the publics mind to start buying. Public is currently selling gold , as shown by the sheer number of stalls , internet websites and mail order co's encouraging the public to sell their gold. Gold ain't going down until the US Govt starts raising the rates , when they do that the USD crashes and gold keeps rising.The way i see it gold rises whatever the govt does now.USD is toast. | ||
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Galleon.frigate
Canada721 Posts
the only reason to put a large % of your cash into gold is if you believe the usd and therefore global economy is going to collapse, but at that point... I'm not sure it would matter much | ||
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Jago
Finland390 Posts
On January 03 2011 17:34 iPlaY.NettleS wrote: You can't really have a bubble until it enters the publics mind to start buying. Public is currently selling gold , as shown by the sheer number of stalls , internet websites and mail order co's encouraging the public to sell their gold. Err, you have got that completely backwards. The public is currently buying gold. | ||
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iPlaY.NettleS
Australia4329 Posts
On January 03 2011 18:17 Jago wrote: Err, you have got that completely backwards. The public is currently buying gold. Yeah thats why cash4gold did a superbowl ad? It's the central banks , India , China , Russia that are buying the gold. They know the USD ain't going to go up unless rates go up , and that doesn't look likely with helicopter Ben in charge. | ||
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Jago
Finland390 Posts
On January 03 2011 18:25 iPlaY.NettleS wrote: http://www.youtube.com/watch?v=WRVzF9dBl7c Yeah thats why cash4gold did a superbowl ad? It's the central banks , India , China , Russia that are buying the gold. They know the USD ain't going to go up unless rates go up , and that doesn't look likely with helicopter Ben in charge. Your reply doesn't debunk my point in any way. Yes there are some ads for selling gold. Duh, there are some ads for selling and some ads for buying gold at any point in time. If everyone was selling, the prices would be going down. Supply and demand. | ||
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