Is it a good time to buy Gold?
I read some Sajha thread about buying gold and there seems to be some sajha users who follow bullion closely. I was curious if it's the good time to buy gold.
thanks
No, it's not. It was a good time to invest around last November/December.
Unless you expect that price will rise by 200 dollars per oz, its not a good time to buy gold.
If you are a short term trader, then i dont know if its good idea.. But it could be a good price to buy GOLD and AAPL if you are long term investor willing to hold for few years... Also warren buffett himself just bought Apple stock recently around similar price levels to now.
"Warren Buffett’s Berkshire Hathaway Inc. took a new stake in Apple Inc. in the first quarter, a move that comes as the technology giant’s shares have been battered amid a slowdown in iPhone sales."
source
http://warrenbuffetinvestment.blogspot.com/2016/05/warren-buffett-buys-apple-shares.html
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