/biz/ - Business & Finance

[Anonymous No.978646]

How low does gold have to get before it's time to buy?

[Anonymous No.978655]

Pretty low now honestly. It's never terrible to spend some money now, if it goes up then you're good, if it goes down then just buy more because it will eventually bounce back.

[Anonymous No.978661]

>>978655
But will it drop to it's historical price?

[Anonymous No.978664]

>>978646
>investing in an inflation hedge that's tanking

[Anonymous No.978687]

$250 per ounce.

[Anonymous No.978911]

You people that are against gold and silver are so mindless it pisses me off. Yes its time to fucking buy gold if it goes any lower, why wouldn't it be?
If you drooling pedokeks can give me one reason why you wouldn't want gold and ill give you 10 reasons why you should own some.

[Anonymous No.979045]

>>978911

Inflation protection that historically hasn't really protected anyone in the long term

>just because something is cheap doesn't mean it's worth it. Buy low sell high doesn't mean buy "because" it's low

[Anonymous No.979125]

>>978911
It's not a cashflowing asset, it's purely speculative and therefore should be avoided

[Anonymous No.979133]

>>979045
Get better at greentexting.

[Anonymous No.979156]

Gold dose not generate dividends, has very little industrial use, and valued for its historical and emotional appeal. Gold is not an intelligent investment.

[Anonymous No.979166]

I'd buy a single oz of gold for shits and giggles but I'd be afraid of forgetting were I put it and losing it.

[Anonymous No.979480]

>>979125
>t
Okay. I like your point but its very wide ranging because it includes everything from investing in a used laptop to investing millions in a business. I mean if you only had 1,000 and you knew of a tool that would help you make 2,000 a month then go for that over gold of course. But if your going to invest in a house, vehicle, appt complex, or some business tied to this sinking ship of an economy that just go for gold or silver.
Ill be back with my 10 reason I gotta do some shyt right quick lmao.

[Anonymous No.979551]

>>978646
Buy a couple gold Buffaloes(they're 99.99% instead of eagles that are like 89% gold) because they're pretty and to get the gold bug out of your system because by time you get them shipped to you, you'd already have lost at least $200 in premium and another 15 in market value

[Anonymous No.979602]

>>979125
I hold 5 ounces of gold incase of happening ... and about 300 ounces of silver. I hold them in rare coins that are worth much more than the underlying spot price. So it's kind of like a hobby, but also protection. Plus they are kinda pretty.

[Anonymous No.980048]

1. interest rates have been at zero percent for a decade.
2. money printing all over the world.
3. currency wars since 2008 and continuing.
4. massive unplayable debts.
5. inflation AND deflation insurance.
6. the worlds wealthiest family owns %33 gold.
7. central banks all around the world are buying gold.
8. people are losing trust in paper currencies and are tired of being robbed by unsound monitary policies.
9. this is exactly the time to buy when were near the bottom of a correction while the bullish fundamentals have only gotten stronger.
10. take advantage of the strong dollar while you can and buy oil/ gold/ silver. It wont last forever we all know that with the monetary polices and state of our economy.
11. your crazy if you own all your assets in dollars, its only common sense to put %2-%5 of your money in gold/ silver and the time to do it is when its oversold..

Ill make more points if you want get more into this tomorrow lol

[Anonymous No.980076]

Predictability.

Subject, message and frequency viewed in aggregate over a short time frame.

Just something to consider.

[Anonymous No.980623]

12. I was right, hours after I posted we find out the feds arent raising rates.
http://www.politico.com/story/2015/12/economy-fed-janet-yellen-interest-rates-216272