Reply To: investing in gold

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#814353

real-brisker-

What makes you think that golds value will decline in 3 years?

I think it will decline in significantly less than three years. In three years I think it will be about half of what it is now.

I think and hope the economy will pick up and/or people will look for money-making investments and opportunities rather than just a safe shelter in tough times.

Gold has been around for a long time, and it has never shot up in value and stayed up permanently – it’s always fallen back down. While a great deal of money can be made by correctly predicting a rise in gold’s price, historically it’s been one of the worst long-term investments you can make.