Golden future?
Author
Discussion

armynick

Original Poster:

631 posts

291 months

Monday 20th October 2008
quotequote all
I've been buying gold coins when the price is dipping below the $800 mark, preferable even lower.

Looking over the last 10 years, the price has vastly increased but there was a big jump in value in 2005 and again in 2007. What caused these jumps?

Are prices ever likely to go back down below the $700 mark for any length of time or will it continue to go up and down but keep increasing?

Is gold a safe bet being what it is....gold?

Should I wait longer and see what happens or am I doing the right thing -ish.