Don't buy gold right now. The price has been artifically high due to volatility in the market but......lately the stock markets have been strong and all are rebounding. This means that whatever you purchased your gold at is what you'll get back for it. There is *NO* profit in gold right now. The price will stay at the same for the near future. In fact many experts are predicting that gold will start to drop very soon, and when that happens....you will lose $$$.
gold is real value, and only going to keep going up with QE stimulus packages. For out of the box thinking look at Bitcoin
gold is rising because now anyone can buy gold in papers too, when something new start prices always hike and in couple of years the bubble burst, this time i am thinking gold will touch 22-24,000 in max. 2-3 months time frame. (PS: i am not saying u do this or that, this is just my view)
@indiasbull If what you are saying comes true then the trick is to know *when* the bubble will burst and to sell *before* it does. The problem is timing and if you get it wrong you are left holding the bag. I would like to know more about "gold in papers". What can you tell us about this?