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You are the only idiot here, if you view gold as something you buy and sell after a year.In case some dumb, retards are actually interesting in buying GOLD.
Take note of prices now and check back in a year. Take of the fruit, unless you a sadomasochist, like Jesus, Yahweh's Son who was Yahweh, of the Bible.
With Boston harbor thawing oil for $5 is more likely in the shortterm. In the longer term millions of tonnes of both oil and gas under too much pressure for vertical drilling can use lateral drilling from what are currently played out wells to be safely extracted. then there are also new refineries like in Uganda that can sell their products by barge as far north as Europe. I wouldn't touch the oil market as anything but part of a balanced portfolio and gold the same.Would buy oil @ 50. With Iran on the ground against ISIS, uncertainty could make oil spike into orbit.
Apple stock wont be around in 50 years. Gold will be valuable forever. Every Dow stock has gone to zero since the last great depression. History will repeat. Apple is a good investment for the short term, not a buy & hold forever investment.Apple is widely viewed as a "buy" and hold forever and I mean forever. Stop and realize how short the life of Apple type companies have been around and unless the worlds explodes technology will exponentially grow in every day life. Apple should be viewed as a very, very long time hold for young folks to sell when they are 70 +/-. Gold should never represent more than 10% of your portfolio and if you buy then buy SPDR GLD. I almost threw some funny money at hard gold when it was 1,700+ and am very thankful I chose not to as it is around 1,100+ today.
You can't possibly know whether Apple stock will be around in fifty years.Apple stock wont be around in 50 years. Gold will be valuable forever. Every Dow stock has gone to zero since the last great depression. History will repeat. Apple is a good investment for the short term, not a buy & hold forever investment.
Yep it is amazing how everyone on the anonymous internet bought everything at the perfect time and profited.In October 2008 I bought gold at $720. In 2009 just after Obama was sworn into office I bought Dow & S&P index funds when Dow was at $7,300.
Apple is at an all time high.
Gold is close to it's 5 year low.....
what would warren buffet buy?
Apple is at an all time high.
Gold is close to it's 5 year low.....
what would warren buffet buy?
I'm not but mining stocks that are highly leveraged have to keep producing in order to stay out of bankruptcy.