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Topic: can gold be a short-term investment ? - page 3. (Read 2503 times)

legendary
Activity: 3248
Merit: 1070
September 06, 2015, 03:40:38 PM
#8
just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

Do you have insights into the short-term fluctuations in the price of gold? If not, then short-term would be more gambling than investing. Of course, the same could be said for long term.

The problem is that short term swings are too small to make a decent profit.. Unless you hold a substaintial amount of gold, but that may not be realistic.

they said that leverage was done for this kind of reason, you have small fluctuation and small amount, you simply borrow from them x20, for big profit if you're good
legendary
Activity: 1946
Merit: 1007
September 06, 2015, 03:33:39 PM
#7
just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

Do you have insights into the short-term fluctuations in the price of gold? If not, then short-term would be more gambling than investing. Of course, the same could be said for long term.

The problem is that short term swings are too small to make a decent profit.. Unless you hold a substaintial amount of gold, but that may not be realistic.
legendary
Activity: 4466
Merit: 3391
September 06, 2015, 01:54:52 PM
#6
just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

Do you have insights into the short-term fluctuations in the price of gold? If not, then short-term would be more gambling than investing. Of course, the same could be said for long term.
legendary
Activity: 896
Merit: 1000
September 06, 2015, 01:46:07 PM
#5
i personally don't consider gold an investment. to me it is just a way of storing value. but if you look at it from an investor point of view, then it is more a long term investment.
legendary
Activity: 3766
Merit: 1217
September 06, 2015, 01:09:06 PM
#4
Gold was never meant to be a form of investment which is suitable for short-term duration. However, in certain circumstances, it can be considered as a short-term asset. Consider a country such as Venezuela or Ukraine, which is being ravaged by hyper-inflation. Gold can be the most accessible and risk-free asset, which can help you to retain your wealth.
legendary
Activity: 868
Merit: 1006
September 06, 2015, 01:08:15 PM
#3
IF you look at the all time graphs on gold you'll see that gold is either a long term investment or just a store of value. The pump and dumps happen in way less liquid markets such as BTC, and even then it's still not worth it, I mean if you want to gamble you might as well go to the casino.
full member
Activity: 182
Merit: 100
Hello there!
September 06, 2015, 12:55:52 PM
#2
just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?

I think not, trading with gold is much more... Effective than hoping the price will return from it's 5 year low for a minuscule profit. Short term, of course not, long term, possibly? Trading, always an option if done correctly.
member
Activity: 98
Merit: 10
September 06, 2015, 12:45:03 PM
#1
just wondering if it can be short-term investment
i was thinking about it and said no
gold price changes in years not days
what do you think about this ?
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