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ethios4
Posts: 5377
Joined: Tue Dec 02, 2003 6:28 am

Post by ethios4 » Fri Oct 10, 2008 10:08 pm

OvertoneZero wrote:If anyone was looking to buy gold, today might be a good day to buy, it's down almost 10% on the day. APMEX.com
Wow, platinum has dropped by more than 50% in the last 8 months!

NorthernMonkey
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Joined: Fri Feb 09, 2007 12:05 pm
Location: UK

Post by NorthernMonkey » Fri Oct 10, 2008 10:17 pm

ethios4 wrote:
OvertoneZero wrote:If anyone was looking to buy gold, today might be a good day to buy, it's down almost 10% on the day. APMEX.com
Wow, platinum has dropped by more than 50% in the last 8 months!
Dropping prices are not a good indicator of a worthy investment. I personally wouldn't invest in anything right now.
..?

ethios4
Posts: 5377
Joined: Tue Dec 02, 2003 6:28 am

Post by ethios4 » Fri Oct 10, 2008 10:20 pm

haha, I know...I was thinking of how dumb it would have been to have bought platinum at the beginning of the year. I was surprised to see that the average price of gold has been as high as it has been over the past 30 years....I thought it was much lower than that for some reason. Good site.

I haven't done much investing before, so now does not seem to be the time for me either. 8O

NorthernMonkey
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Joined: Fri Feb 09, 2007 12:05 pm
Location: UK

Post by NorthernMonkey » Fri Oct 10, 2008 10:27 pm

ethios4 wrote:haha, I know...I was thinking of how dumb it would have been to have bought platinum at the beginning of the year. I was surprised to see that the average price of gold has been as high as it has been over the past 30 years....I thought it was much lower than that for some reason. Good site.

I haven't done much investing before, so now does not seem to be the time for me either. 8O
yeah, got it Ethios, I was referring to the 'buy gold' statement :roll:
..?

OvertoneZero
Posts: 1347
Joined: Fri Mar 16, 2007 9:16 pm

Post by OvertoneZero » Fri Oct 10, 2008 11:17 pm

It looks like gold will be either way down, way up, or flat next week. 8)

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