Friday, October 7, 2011
Why is gold a bad investment right now.
A lot of people are buying gold because they are going up in price. But one day people will stop buying gold. Then the sellers won't have anyone to sell it to so they will have to lower the price. These people who bought gold might have to lower the price below what they paid for it to get it to sell. Which means they would be losing money.
If you really want to invest in gold I suggest this book:
Rich Dad's Advisors: Guide to Investing In Gold and Silver: Protect Your Financial Future