Q&A: I DONT need the $$, BUT gold is really worth a lot right now, SHOULD I consider selling at a GOLD PARTY?
Saw a report on ABC news, these gold parties seem to be all the rage, and since no one wheres the stuff, should I consider selling what little I have? I also saw where it tells in some commercials to INVEST in gold, should I hang onto it??
Goldsenze Answer:
Gold values are always going up. It?s never worth it to sell gold if you can hold on to it.
( April 25th, 2006) Rep. Ron Paul speaks before the US House of Representatives. (2006) Ron Paul: GOLD AND THE US DOLLAR [Part 1] www.youtube.com (2006) Ron Paul: GOLD AND THE US DOLLAR [Part 2] www.youtube.com (2006) Ron Paul: GOLD AND THE US DOLLAR [Part 3] www.youtube.com (2006) Ron Paul: GOLD AND THE US DOLLAR [Part 4] www.youtube.com ????????????????????? (Transcript) Madam Speaker, the financial press and even the network news shows have begun reporting the price of gold regularly. For 20 years, between 1980 and 2000, the price of gold was rarely mentioned. There was little interest, and the price was either falling or remaining steady. Since 2001, however, interest in gold has soared along with its price. With the price now over 0 an ounce, a lot more people are becoming interested in gold as an investment and an economic indicator. Much can be learned by understanding what the rising dollar price of gold means. The rise in gold prices, from 0 per ounce in 2001 to over 0 today has drawn investors and speculators into precious metals markets. Though many already have made handsome profits, buying gold, per se, should not be touted as a good investment. After all, gold earns no interest, and its quality never changes. It is static and does not grow as sound investments should. It is more accurate to say that one might invest in a gold or silver mining company, where management, labor costs, and the nature of new ?
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