2013 gold meltdown.

[Danielvalerio506]

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?

[TexasHusker]

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.