Gold Thoughts!!!

in #economy4 years ago

there is no doubt that everybody - more or less - considered the possibility of getting involved in Gold Investments the last lets say 6 months or so.....definitely i cannot say that it is a wrong way of thinking especially when you try to look around you and the only thing you see is uncertainty about the future...
...everything is so liquid and so unstable...this makes every reasonable investor trying to find something solid to put his money in....GOLD is the only solid rock you can rely on in such turbulence times and it looks like the only safe shelter to sleep in...
...but my question is .... is it really what we think it is???

...by now the price of 1 kg of gold is 62500 US dollars!!!!!....

rty8i.jpg

picture taken from goldprice.org

..as you can clearly see in the above diagram it has exceeded the 66000 US dollars limit some days ago...
...last February a very close friend of mine asked me,what i was thinking about gold future and i told him that i 'see' gold reaching 65000 US dollars step by step in 3 years from now... I WAS SO WRONG.... Gold reached 65000 US Dollars in less than 6 months...
....what are the predictions about it now???
..would you consider buying Gold as a solid investment???....or is it too high making it too risky to loose money as a buyer???

....well i do have an answer....but it is my point of view and it is not an advice.....Gold will always be Gold....it is never too late to buy Gold...paper money on the other hand is pure air....it is nothing....no value in it....so yes....it is a high price 1943 US dollars per ounce to buy gold but it is better than keeping your money in paper form!!!!

o67878.jpg

picture taken from goldprice.org

....i wish u all to make the best decisions on your investments but don't forget....
...money isn't everything in life...
....so even if you loose them....do not get heartbroken....other things matters the most...

originally posted on leofinance also shared on steemit blog

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