Gold's been all over the news ever since countries started to stockpile more of it (due to rising geopolitical tensions). It went almost past $2,800 only to go back to $2,668.
I wonder if I should get in now, or wait a little further? At the pace Gold is going, I think it will reach $3k soon. However, Trump's promise to end wars might put a stop to the craze. At least, temporarily.
What are your suggestions/recommendations? Your input would be greatly appreciated. Thank you.
I wonder if I should get in now, or wait a little further? At the pace Gold is going, I think it will reach $3k soon. However, Trump's promise to end wars might put a stop to the craze. At least, temporarily.
What are your suggestions/recommendations? Your input would be greatly appreciated. Thank you.
I believe gold is always a good tool for one to diversify one's portfolio, specially if we talk about long term portfolios who are supposed to be sell out when one has already over 30% of profit as a minimum.
Though, I believe if Trump is serious about getting the tensions down with all the wars going around, it is probable we will see gold to decrease in value as more people will try to chase money on the stock market.
Gold is good to buy right before times of uncertainty and when people do not longer has as much trust in stocks and other assets which are not so liquid.
If you buy, it would be better you just got with Dollar Cost Average and accumulate some grams through some months.