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Precious metals? - general investment

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Old 07-19-2008, 02:14 PM
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Default Precious metals?

What metals would you advise me to invest in? Gold, Silver, Platinum? Or maybe the more mundain, like ore and whatnot?
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Old 07-19-2008, 03:07 PM
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I would invest gold and silver. I really do not see any precious metals going down anytime soon. They should just keep going up for awhile.
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Old 07-19-2008, 09:20 PM
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I'm not sure that this is the right place to ask this question lol. Gold has made alot of people very rich but I am not too sure about the market or what direction gold is heading at the moment. I would do alot of research before going head first into anything like that.
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Old 07-22-2008, 02:26 PM
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Considering it has an investment, I would say investing in gold is what would be of good profit. They would make good profit than Silver or anything else. But still, do a deep research on every metal is what my final suggestion would be.
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Old 07-24-2008, 11:20 PM
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There's a lot of advertising for gold investment on TV lately. I've thought of doing some myself but not sure that's what I want to do right now.
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Old 07-27-2008, 09:31 AM
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I would invest on gold. Investing gold is seen as the mainstream now. There's a great demand for it in jewelry and technology.
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Old 07-28-2008, 03:08 AM
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Honestly, scrap metal is very highly valued right now, and people are actually stealing copper and nickel from homes to sell on the second hand market for large sums of money. Pretty much any metal holds its value in today's market, I would stear clear of gold though, more money to be made in silver and platinum.
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Old 07-30-2008, 01:01 AM
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A few years ago I bought a couple of gold bars about 50k worth. Today its worth well over 100k. I am holding on to it till I retire.
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Old 07-30-2008, 09:28 AM
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Gold & Silver are a pretty safe investment at the moment.
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Old 08-02-2008, 01:47 PM
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It really depends on whether or not you actually have a choice.

If you are redistributing a 401K portfolio, it will provide options for you. Most offer only gold and/or silver.

Something else to be aware of is China's growing demand for non-precious metals. Investing in other metals may be another option that offers rapid growth.
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