NYCguy Posted December 28, 2011 Share #1 Posted December 28, 2011 Link to comment Share on other sites More sharing options...
Tokkemon Posted December 28, 2011 Share #2 Posted December 28, 2011 Yes, it is. Link to comment Share on other sites More sharing options...
SubwayGuy Posted December 28, 2011 Share #3 Posted December 28, 2011 Gold is absolutely a bubble. But it's not going to pop for a while. It's one of the few sure bets/safe havens in an economy where stocks are failing, bonds run risk of default, oil prices are highly volatile from season to season, indexes are flat, and interest rates on savings are near nothing. Which is why I have, and continue to, advocate buying it in the short and medium term. Link to comment Share on other sites More sharing options...
Grand Concourse Posted January 4, 2012 Share #4 Posted January 4, 2012 What about silver? I've been hearing it is the 'new gold'. Link to comment Share on other sites More sharing options...
SubwayGuy Posted January 5, 2012 Share #5 Posted January 5, 2012 What about silver? I've been hearing it is the 'new gold'. Silver is a volatile version of gold that people who don't have the money to get into gold get into. It's more volatile because people are more apt to sell even when the underlying value of the precious metal is going up (in real worth, not investment worth), causing fluctuations in the price due to profit taking. Gold tends to be a buy and hold investment when other investments are doing poorly. Silver is a quicky buy and quick sell to make a quick profit, which is why the price never really goes up very fast. It's harder to time trades of silver as a result, and therefore harder to make as much money. Link to comment Share on other sites More sharing options...
INDman Posted January 5, 2012 Share #6 Posted January 5, 2012 Everything is a new bubble unless you start investing in O2 and H2O because at some point the demand for what ever it is will no longer be there. Link to comment Share on other sites More sharing options...
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