Gold will never go below $1,200 per oz again.

Discussion in 'Commodity Futures' started by peilthetraveler, Dec 2, 2009.

Will gold every go below $1,200 again?

  1. It will never go below $1,200 again.

    8 vote(s)
    7.6%
  2. It will go below $1,200 again.

    97 vote(s)
    92.4%
  1. LeeD

    LeeD

    Thanks very much! I'll enquire at a local bank then.
     
    #81     May 7, 2010
  2. Haha...my old thread is back up. :) Anyway, What I think is a better deal is just storing your gold at home in safe and then insure it with renters insurance. For $500k worth of gold, you will probably end up paying about $200 per month give or take a few bucks. As long as gold goes up in value 50 cents every month, it pretty much pays for itself.
     
    #82     May 7, 2010
  3. LeeD

    LeeD

    This sounds like a good-value idea for people serious about the size. Debaser82's idea is more economical... but who can resist haveing a door sign "Half-tonne of gold bricks is stored here"?
     
    #83     May 7, 2010