Is gold a good investment?
It's hard to provide a simple answer without knowing your investment objectives. After all the price of gold goes up and down over time. You can play the short-term moves or hope that gold will be higher in 20 or 30 years. You also have to decide whether to buy gold bullion, gold coins, gold stocks, gold ETFs (available in the US anyway), gold options, or gold futures. You can even bet on the price of gold over the next few hours. It all comes down to how much risk you're willing to take. And, since gold is priced in $US, you have to figure out whether gold is going up in value or the $US is dropping relative to other currencies. Both will affect the price you see. It looks like my 10 week, 20 week and 40 week moving averages are improving from an essentially flat position where gold prices weren't going anywhere. Right now the 10 week exponential average has gold prices rising 1% per week. If that trend persists and you use some leverage, you may do quite nicely. And, as often happens, some gold stocks are performing better than the bullion (in anticipation that gold prices will be even higher in the future). So, all of this means that you'll have to do some homework to check out all these possibilities. [tags]gold,spot gold price,gold nuggets,gold price,gold investment[/tags] crystalline gold






