Question About Investing in Gold and Silver?

Sharee Doak: This is all depends on your desired route to market. If you are seeking a long term investment then you can use the traditional route via a broker however many people use a spread betting platform to make constant gains in these markets. The reason for the recent spotlight on Gold is due to the fact that it has reached an all time high at just past the $1200 per ounce level & the reason for this is due to the weakness in the US dollar. The US Dollar is regarded as the primary currency so if this is weak then investors will seek to move their investments into a "safe haven" ie Gold. With the US Dollar continuing to gain strength currently, it appears the Gold market will return to more relalistic levels however for users of spreadbetting, the gains have already been made on both the move upwards plus the move down. The other main reason people invest in Gold is that it will never lose it's value & Gold cannot be affected by any elements making it practically f! uture proof.to answer your question, plenty of money can be made however it is your route to market that is the important part....Show more

Heidy Fujikake: Hi, First of all there is no magic for quick buck. U need to apply proper logic to get the buck else there r chances u may end up losing quick bucks ;). Not a guidance just a thought. Gold/Silver/other metals will always be safe investment taking into acnt the demand for these metals in countries like India will always remain atleast for 50 more yrs. So its a good choice for safer investment point of view but if u r thinking abt trading the same then it might be a bit risky this time around due to volatile prices of $. So b carefull abt that. Other safer investment would b real estate and stock mkt of course with a risk involved. U can choose from these. Njoy, Raj...Show more

Roni Kurz: there are zero cons to investing in gold and silver. As long as people are wearing gold and silver and find other uses for t! hem its a great investment.History states that when stocks are! normally low commodities are high. That is why gold and silver are very high now