When Gold goes to over $500.00 an ounce will you buy gold?

gavinmccallister · #1 (**permalink**) 11-23-2005, 06:07 PM

Will you buy Gold when it goes to $500.00 an ounce?

PRICEPLUS · #2 (**permalink**) 11-26-2005, 05:20 PM

Nope!

dantheman · #3 (**permalink**) 11-26-2005, 10:10 PM

i think it will happen in the near future, but that will not slow millions of americans from buying it. i personally prefer silver!

jmjj215 · #4 (**permalink**) 11-28-2005, 08:36 AM

I don't buy gold.

VJW · #5 (**permalink**) 11-28-2005, 04:28 PM

As always, it’s all relative. Check these charts, courtesy of the New York Times:

http://www.nytimes.com/imagepages/20...S_GRAPHIC.html

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Gailete · #6 (**permalink**) 11-30-2005, 06:32 AM

I would think that the time to buy gold is when it is $10 an ounce not $500. Why buy something when it is more costly and rising. That plus from what I have read, most ordinary people don't have a clue about when and why to buy gold.

Gail

sweeps · #7 (**permalink**) 11-30-2005, 11:27 AM

Quote:

Originally Posted by Gailete

Why buy something when it is more costly and rising.

Well put.

msnln · #8 (**permalink**) 11-30-2005, 01:34 PM

Back couple of years ago when gold was around $300, I thought it was good time to buy and decided to start $20 eagle gold coin collection. Well...I bought one coin but my collection ended with that coin. Wish I had bought more. Now with gold at $500, it may be time to sell my collection. heehee

sweeps · #9 (**permalink**) 12-09-2005, 06:59 PM

Looks like we should've bought some gold, Gavin. Gold is up to $530.