How high do you think the price of gold will get this year? (2008)?
Answers: I agree, I think it has downside risk greater than upside potential...
1) The weak dollar is already sparking a sharp upswing in US exports, which will begin to increase the demand for the dollar. This will ease demand for gold.
2) Dumb Money is chasing gold... dumb money in my experience is the single greatest indictator of when to exit a hot market. When everyone was talking about tech stocks in late 1999, I got out. When everyone was buying real estate recently, I stayed away. I'm hearing adverts about buying gold on the sportstalk radio shows... I ain't going near it!
An Expert (his newsletter is $3,000/year) said today
April 2009 Gold will be 1030/oz
April 2010 Gold will be 1220/oz
Big Peak for everything.2012
With US interest rates being cut, the dollar will keep falling and US gold should go over $1,000 per oz! Personally, I also invest in real gold nuggets. The larger nuggets are very rare and command a premium over spot gold. My favorite site for gold nuggets is:
http://www.california-gold-rush-miner.us
If you have to invest contained by a company, which one would it be?
For my finance class project, we own to go to www.investopedia.com and invest surrounded by stocks. I am not familiar at adjectives with investments. Which stock would be a righteous investment? How much should I buy? You start off near $100,000 and we will be graded base on the value of our portfolio. Thanks within advance for your back.Answers: check out citigroup(c) or another bank stock,also merell lynch(mer) intel(intc) apple(aapl) exxon(xom) suncor(su) slumberger(slb) kingsway(kfs)
I love high-ranking school investing. No risk! Be sure to include POT surrounded by your portfolio. Check it out at Yahoo Finance.
Which stocks or sector - subsequent 6 month timeframe?
Given the volatility and so-called stimulus package, which stocks or investment category should do best in the subsequent 6 months?What's the prospect for China, India or other overseas investments like Bidu?
Answers: Motleyfool say that Brazil water bottling companies are going to skyrocket due to marine shortage there.
I would stay out of the bazaar for 6 months.
Average bear market fall profusely further than we have.
Don be a hero...you want strong stocks and contained by this environment, all stocks are wishy-washy.
It is better to wait for some type of confirmation such as a principal sector or positive market breadth than to guess when worth presents itself.
When the next agriculture, china, or BRIC plays obtain hot, you'll know, and it will be easy to budge long then.
Right presently, you are making it harder on yourself.
DONT CATCH A FALLING KNIFE.
Bonds