Hello. I am going to buy and keep for years to sell it later for high price. As you see or no, gold is only increasing in price since 2001. p.s. what dp you think pf flrex? Did you try it before? Any achievments?
You can invest in gold. It might go up or it might go down. Never use money you need for needs to buy gold. You canNOT invest in Forex. Look up the definition of "invest" in your lexicon.
How much are you looking at investing? Physical or paper? --- Also, don't forget about gold's little brother. --- Digital Point is not a good place to get financial advice.
Gold may be like a bubble, it cannot increase forever... However having some gold in your account is not a bad idea at all.
I was thniking to buy some gramms. Here in my city, banks sell 5 gramms for around 500$ and in Internet I found one gramm for 74$. I am not going to invest. Forex is good when some tragedy happens or accidents then people as i know buy that country.'s currency.
Forex is good for your business-sense training, but gold investment is the best as long as you do it by skill and good instincs of business.
Don't bother buying grams. The premium will be ridiculous. e.g. Gold spot price is $1572 AUD per ounce today. Current retail price for a 1 gram PAMP bar in Australia is $65, so you're effectively paying $2021 per troy ounce. On the other hand, a 1 troy ounce PAMP bar is $1621... much better value. (prices in AUD, which is pretty much 1:1 with the USD)
As far as trading in the foreign exchange market goes,I have always kept things simple.I buy U.S. dollars,British pound sterling,and German deutschmarks....end of story. (Goldman Sachs,Barclays Capital,Deutsche Bank) p.s. I also buy euros.
Gold is an awesome investment. I know a lady here in Canada who purchase gold coins a while back in 1996 or 1997, and she only sold them last year. She spent around $300 for a coin in 1997 and sold that same coin for $1400 last year.
5 years ago (at around $700 per ounce) I convinced myself that I'd missed the gold boat. I kick myself on a daily basis, and will probably do the same for not jumping in at $1500/1600 today.