From my understanding, gold is used as a tool of some sort to preserve the value of our money against inflation (pardon me if i used the wrong term), unless of course one is an active trader in buying/selling.

If the price of gold is stagnant for a short period of time, let's say for a period of 1 year, would it be a better idea to put the money in conventional tool like FD instead?

Thanks

Seriously?
Time to borong?

thanks for replying me!

The worst thing that can happen now is, when gold price is dropping, people keep averaging down, then the gold price range bound another 20 years.

all year low... but will rebound if US throw the QE3 out ! then it will rocket fly...

there is a mismatch or arbitrage, one of the price is correct & the other will hav to follow sooner or later gld 157 vs gold 162
http://finance.yahoo.com/q?s=GLD
http://www.kitco.com/charts/livegold.html

Gold is on a downward trend, is at $1622 now!

http://goldprice.org/live-gold-price.html

i choose the most simple 1.. lol

gold myr 159 per gram .

showing some signs of downtrend ..

Why gold gong downtrend? Does it mean gold is not prefer anymore???
When will it go up....

If we all can know when it will go up, there will no be begger on the street no more...

jesus what a huge slide downwards...

gold is going down at alarming rate..should i sell now to prevent more losses? advice needed...

If you are holding physical gold, there is no need to worry.
if you are playing spot, then the next support level for gold is US1550 per oz.
so to hold or to sell depends on whether your cash margin can hold out.

Gold is down because the US Fed is making no commitments on QE3.

However, the Fed can only hold out for so long. Once QE 3 is announced, you will see gold take a leap.

time to borong or wait further drop?

sorry guys..what is QE3?

QE3 = Quantitative Easing for the third time from the United States to pump more cash into the economy. It is another fancy word for "money printing"

QE3 is something like an announcement or meeting will be held in US?
can someone share their opinion how QE3 will effect the gold price?

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Added on April 5, 2012, 2:33 pmsorry, what you mean by "US throw the QE3 out" ?

This post has been edited by tiramisu83: Apr 5 2012, 02:33 PM

anyone bought at sriayu?

http://www.sriayu.com/

spread is 6%++.

1630 d...