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davepamn davepamn
 

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 M¢25  Funded By Mahalo ? |  August 26, 2009 11:13 PM

Are Gold prices too high to buy?

Is Gold a wealth preserver, so the price is always, right?
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Best Answer  Chosen by Asker

kareul kareul
 
 August 27, 2009 02:08 AM
yes it is too high. It has not been this high in 25 years. Gold this week briefly toopped $600.00 dollars an ounce before falling back. No the price is not always right.Food takes a priority over gold when it comes to feeding ones family. Gold you can't eat it,its hard to store, you can't buy things with it-at least not directly but none of that is stopping gold prices.Gold is getting a lot of attention but it will not likely last.

http://www.goldprice.org
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davepamn davepamn
 
August 27, 2009 02:15 AM
Gold is a commodity that correlates to inflation. If the Gold price is high, it must mean that inflation is high.

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davepamn davepamn
 
August 27, 2009 02:16 AM
Goods prices should correlate with gold price variations, unless, price fixing is occurring.

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stanar stanar
 
September 20, 2009 11:57 AM
"Gold this week briefly toopped $600.00 dollars an ounce before falling back."

$600 an ounce? what time frame are you talking about? not sure how this is selected as the best answer?

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