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Gold probably has less upside potential than silver at the moment (see link 1 below), but the situation changes from day to day. Having said that, gold and silver track each other with incredible correlation (see link 2 below) The main problem for gold now is that everyone is on to it, so some of the upside is driven by momentum, instead of fundamentals. In the long term, you will not lose out with either of these, but I would recommend silver at the moment.(Disclaimer - I am not a metals trader or expert: do your research before deciding what to invest in).
Gold, for the simple reason that it is the product of choice and the investment chosen by most. I would wait to see if the price drops first, the prices are at a high point at the moment. Once the "gold rush" is over, and companies stop advertising, encouraging customers to sell their gold the dropping demand will allow the price to de-inflate a little.
If you have the money, I would actually choose property. These prices always go up longterm, and although the rise and fall is not as predictable or stable as with gold, the rise is much more substantial, as everybody needs a place to live; not everybody needs to buy gold. Land scarcity and population overexpansion are much bigger problems to hike property prices, than the desire to buy gold or the decreasing supply of it.
Now is a good time to buy propery due to the large drop, prices are starting to rise again. A combination of the two approaches would be a good strategy to make money and keep money safe from inflation. Make money on the buying and selling of property, and keep your currency in gold.An useful phenomenon is that when gold hits all time highs (like now) it tends to be when property prices dip.
This would be a great time to sell gold, getting a good profit return compared to the original price paid, and buy property with that money, which is at bargain price. The distinction I would make between property and gold in terms of choosing when to invest, is that for property you must wait for market conditions, whereas there is very rarely a bad time to buy gold. The best way to make money, requires you have a tonne of it, and that is to lend and charge high interest.
Agencies are more than ready to buy off your debt to save you having to take borrowers to court if they refuse to pay back loans, the issue I have with this is the ethics of making money off the people that need it the most and in the process, making their lives worse off.
Its gold, gold and only gold. There cannot be a second opinion on the preference. Just check out the price hikes in gold over the last 5, 10 or 15 years and you'll know why I say this.
This is why people have always been investing in gold and it is gold reserve of a nation that controls its economy. The world economy is controlled by gold. The downward trends in gold may be just temporary, but in an average, it always did fine.
I would go for gold even if its price drops to zero at the moment, because I am sure that it will soar high in no time. Again, there is another point. My friend Grayselegy said above that everybody is after gold and that's the main problem about it.
But just on the contrary, I see it as an advantage to investors. When everybody is after a single thing, the price of that thing is sure to hike because there is so much demand and very less to cater. Hope that helps.Thanks.
I cant really gove you an answer,but what I can give you is a way to a solution, that is you have to find the anglde that you relate to or peaks your interest. A good paper is one that people get drawn into because it reaches them ln some way.As for me WW11 to me, I think of the holocaust and the effect it had on the survivors, their families and those who stood by and did nothing until it was too late.