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2013 gold meltdown.

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  • 2013 gold meltdown.

    There has been always different opinions about gold, silver and other commodities.
    There´s a lot of information that as gold and general commodities are a product that the earth produces and there is just a limited amount of it in the planet it is supposed to always go up in value and it is supposed to be a very stable investment.
    Others say that gold is a very volatile investment that can actually lose a lot of value at any given moment.

    If it is supposed to be a stable investment then what happens for example in 2013 when the gold prices fell ?

    How come a lot of people say it is stable if we can see that its value can change at any time?

  • #2
    Originally posted by Danielvalerio506 View Post
    There has been always different opinions about gold, silver and other commodities.
    There´s a lot of information that as gold and general commodities are a product that the earth produces and there is just a limited amount of it in the planet it is supposed to always go up in value and it is supposed to be a very stable investment.
    Others say that gold is a very volatile investment that can actually lose a lot of value at any given moment.

    If it is supposed to be a stable investment then what happens for example in 2013 when the gold prices fell ?

    How come a lot of people say it is stable if we can see that its value can change at any time?
    any investment holding gyrates from day to day - you just probably aren't aw aware of it.

    If I own a $200,000 house today, it might only be worth $195,000 tomorrow, but it might be worth $205,000 in a week. A year from now it might be worth $190,000. But in 10 years, chances are pretty high that it will be worth more - likely much more - than $200,000.

    If you can't say that about your investment, it's probably not a good investment.
    How can you have any pudding if you don't eat your meat?

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