| why gold is no longer safe haven for investors? |
|
|
|
|
|
aditi
Contributing Member
Cash: $ 7.30
Posts: 28
Joined: 11 Apr 2012
Location: India
|
| why gold is no longer safe haven for investors? |
 |
|
After falling five of the last six trading sessions, gold has given up all of its gains for 2012, settling at its lowest price of the year.With financial turmoil in the euro zone and global growth slowing, market watchers are starting to ask, what is driving the price of gold lower? With financial turmoil in the euro zone and global growth slowing, market watchers are starting to ask, what is driving the price of gold lower? 
|
Tue May 15, 2012 12:10 pm |
|
|
fastrack
Member
Cash: $ 2.40
Posts: 10
Joined: 11 May 2012
Location: USA
|
Most time it gone down there are all kinds of articles saying that it's a bad investment, when it keep up it's in a bubble...
|
|
Thu May 17, 2012 12:02 pm |
|
|
MilanovichGuy
New Member
Cash: $ 0.80
Posts: 4
Joined: 21 May 2012
|
Market goes down but gold keeps stable today. I beleive there always be a correlation between stock and metals. Meaning market up, gold down and otherwize.
|
|
Mon May 21, 2012 8:36 pm |
|
|
jupiter35
New Member
Cash: $ 1.00
Posts: 5
Joined: 24 May 2012
|
quote:
Originally posted by MilanovichGuy
Market goes down but gold keeps stable today. I beleive there always be a correlation between stock and metals. Meaning market up, gold down and otherwize.
The 12-month rollover correlation between gold and the S&P500 index changes its intensity over time. Also, the relationship becomes negative from time to time.
|
|
Thu May 24, 2012 9:49 pm |
|
|
littleroc02us
Moderator
Cash: $ 384.35
Posts: 1891
Joined: 09 Feb 2009
|
Gold buying IMO is based on fear and fear alone due to the stock market crash in 2008. As you have seen in the past year now Gold is starting to stabilize and is on a downward track, so you are heavily invested in Gold now would be a good time to get out.
Risk comes from not knowing what you're doing. (Warren Buffet)
|
|
Fri May 25, 2012 2:55 pm |
|
|
lukas79
New Member
Cash: $ 1.60
Posts: 8
Joined: 15 Dec 2011
Location: Houston
|
Gold is too overbought now, and I think it is still in the correction. If it shows reversal pattern I would go long.
|
|
Fri May 25, 2012 5:32 pm |
|
|
richa88
Full Member
Cash: $ 12.05
Posts: 64
Joined: 10 Feb 2012
Location: indore
|
reason for this volatile market ...
|
|
Tue May 29, 2012 12:13 pm |
|
|
ETFs_R_Best
Full Member
Cash: $ 12.80
Posts: 59
Joined: 13 May 2012
Location: Santa Monica, CA
|
quote:
why gold is no longer safe haven for investors?
Not a safe haven any more? Gold is a hedge against our national debt spiraling out of control. It eventually will. We cannot repay our debt any more than Greece. Once inflation and interest rates start to go up, we will have to declare bankruptcy. Everyone will get a "haircut". When this meltdown happens, gold will be one of the few places you'll want to be. That's why gold is so highly priced. Gold will bottom out soon. Just a near term correction. I think the 1,400's will be the bottom.
|
|
Thu May 31, 2012 6:59 am |
|
|
jupiter35
New Member
Cash: $ 1.00
Posts: 5
Joined: 24 May 2012
|
quote:
Originally posted by ETFs_R_Best
quote:
why gold is no longer safe haven for investors?
Not a safe haven any more? Gold is a hedge against our national debt spiraling out of control. It eventually will. We cannot repay our debt any more than Greece. Once inflation and interest rates start to go up, we will have to declare bankruptcy. Everyone will get a "haircut". When this meltdown happens, gold will be one of the few places you'll want to be. That's why gold is so highly priced. Gold will bottom out soon. Just a near term correction. I think the 1,400's will be the bottom.
Looks like the gold gets more speculative one and not a safe haven anymore
|
|
Tue Jul 10, 2012 5:43 pm |
|
|
online cpa
New Poster
Cash: $ 0.40
Posts: 2
Joined: 27 Jul 2012
Location: Irvine
|
People have been saying gold to overpriced for years and it keeps going up. Why do you think on every corner there are people with "we buy gold" signs. As inflation and our dollars is destroyed, where do you want to be.
|
|
Fri Jul 27, 2012 2:16 am |
|
|
ashishtrifid
New Member
Cash: $ 0.60
Posts: 3
Joined: 16 Aug 2012
|
Most of us know it is a good idea to have savings for the rainy days, but what can you do when a crises like this takes it all away from you? The only thing we can do is to look for a solid shelter. A good shelter consists of a good investment. You may have money in a bank, but we all know what can happen to banks in anxious times.
|
|
Thu Aug 16, 2012 9:54 am |
|
|
littleroc02us
Moderator
Cash: $ 384.35
Posts: 1891
Joined: 09 Feb 2009
|
quote:
Originally posted by ashishtrifid
Most of us know it is a good idea to have savings for the rainy days, but what can you do when a crises like this takes it all away from you? The only thing we can do is to look for a solid shelter. A good shelter consists of a good investment. You may have money in a bank, but we all know what can happen to banks in anxious times.
Unless you have more then 250k in the bank for emergencies, then I wouldn't worry because it is Federally insured by the FDIC or the NCUA.
Risk comes from not knowing what you're doing. (Warren Buffet)
|
|
Thu Aug 16, 2012 1:08 pm |
|
|
littleroc02us
Moderator
Cash: $ 384.35
Posts: 1891
Joined: 09 Feb 2009
|
I'm gonna go get my 250k and stick it in my mattress tonight. LOL
Risk comes from not knowing what you're doing. (Warren Buffet)
|
|
Thu Aug 16, 2012 8:02 pm |
|
|
elricgoldsmith
Member
Cash: $ 2.00
Posts: 10
Joined: 30 Aug 2012
Location: New York,New York
|
I think it because Gold has been really mainstream lately,I guess they have to settle for silver and Platinum,thus other cheaper yet same quality metals.
|
|
Thu Aug 30, 2012 9:39 am |
|
|
elricgoldsmith
Member
Cash: $ 2.00
Posts: 10
Joined: 30 Aug 2012
Location: New York,New York
|
Well,I guess it is because Gold hasn't move a lot lately,thus only securing itself in the current price,thus,has never gone up to 1700 as the experts say.
|
|
Thu Aug 30, 2012 9:45 am |
|
|
|
