I have recommended gold myself over the past years, until some months ago, but I do not do that anymore: the price for it is too high now. Gold always has a fluctuating price, in all history, and it is currently spiking, which means sooner or later it will fall, and it will fall steeply. Then your losses will be stellar if your evasion timing is not perfect.
It simply is too late to buy gold now, me thinks.
If you bought it some years ago, then keep it as a safety, do not sell it as a quick way of making profit - what would you get for it? Uncertainty only. Even if the price drops again, sine you bought it much cheaper, you will not suffer losses.
I bought a little ammount of gold years ago, when the price was between 400 and 500. I see it as a last defence line in case of absolute emergency or chaos. Back then, some in this forum were laughing when I said I could imagine the price going up to 1500, even 2000 and maybe more.
Who is laughing now?
Sorry. Couldn't resist.
