Comments on: What Is Going on with Gold? http://www.thesunsfinancialdiary.com/investing/what-is-going-on-with-gold/ Fri, 03 Feb 2012 17:42:24 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: AChttp://www.thesunsfinancialdiary.com/investing/what-is-going-on-with-gold/#comment-46275 AC Wed, 05 Nov 2008 23:47:26 +0000 http://www.thesunsfinancialdiary.com/?p=2867#comment-46275 >A rebound seems to be a sure thing, in short term at least, as it happened following some significant drops before. Sorry, but this is first class example of an opinion with no reasons behind it. Everyone is taking of variations of deflation, now think or find out about impact of that & a strong dollar on gold.Amit >A rebound seems to be a sure thing, in short term at least, as it happened following some significant drops before.
Sorry, but this is first class example of an opinion with no reasons behind it.
Everyone is taking of variations of deflation, now think or find out about impact of that & a strong dollar on gold.

Amit

]]> By: LuckyMoneyCathttp://www.thesunsfinancialdiary.com/investing/what-is-going-on-with-gold/#comment-46247 LuckyMoneyCat Tue, 04 Nov 2008 23:08:16 +0000 http://www.thesunsfinancialdiary.com/?p=2867#comment-46247 Gold was in Demand when the economy was doing great, much like steel and copper and other metals (Precious or not). Yet, now that developement is slowing worldwide, base metals likt tin and steel are seeing a drop in demand. This can be seen as an economy indicator for Gold decreasing as well.More and More people are not putting thier money anywhere right now. I think sometime between now and March would be a good time to buy if you wanted to.I heard you can get an ETF that is gold based which provides more liquidity. Gold was in Demand when the economy was doing great, much like steel and copper and other metals (Precious or not). Yet, now that developement is slowing worldwide, base metals likt tin and steel are seeing a drop in demand. This can be seen as an economy indicator for Gold decreasing as well.

More and More people are not putting thier money anywhere right now. I think sometime between now and March would be a good time to buy if you wanted to.

I heard you can get an ETF that is gold based which provides more liquidity.

]]> By: Nabloid.comhttp://www.thesunsfinancialdiary.com/investing/what-is-going-on-with-gold/#comment-45991 Nabloid.com Fri, 31 Oct 2008 23:46:30 +0000 http://www.thesunsfinancialdiary.com/?p=2867#comment-45991 Don't worry, gold will rebound. If you're a long-term investor like me, you know that gold beats fiat currencies every time in the long run. Day to day fluctuations don't bother me, but I do use them to buy more... Don’t worry, gold will rebound. If you’re a long-term investor like me, you know that gold beats fiat currencies every time in the long run. Day to day fluctuations don’t bother me, but I do use them to buy more…

]]> By: market follyhttp://www.thesunsfinancialdiary.com/investing/what-is-going-on-with-gold/#comment-45884 market folly Wed, 29 Oct 2008 14:01:19 +0000 http://www.thesunsfinancialdiary.com/?p=2867#comment-45884 a lot of the volatility/selloff in gold has to do with big funds taking off their hedges because they need to raise cash. typically, gold should theoretically be a great safe haven in a time like this. but, due to the panic, big funds have to sell their investments/trades to raise cash. but, to fully unwind their trade, they need to sell off their gold as well, which is often used as a hedge to various trades. not the whole story obviously, but definitely contributes to it. people just need cash at the moment and need it bad enough to sell off gold. a lot of the volatility/selloff in gold has to do with big funds taking off their hedges because they need to raise cash. typically, gold should theoretically be a great safe haven in a time like this. but, due to the panic, big funds have to sell their investments/trades to raise cash. but, to fully unwind their trade, they need to sell off their gold as well, which is often used as a hedge to various trades. not the whole story obviously, but definitely contributes to it. people just need cash at the moment and need it bad enough to sell off gold.

]]>