I hear gold is pretty steady but not sure, how about oil?. I dont know much on these i heard oil stocks are good i think lol. Any thoughts?.
Look a chart of Exxon and you get your answer. If you went long in 2014, no. If you went long right when COVID hit, yes. It all depends on your time frames.
Gold is always a good thing to buy in my opinion. Not Gold stocks. Actual Gold. Gold is the one thing that has held value throughout humankind.
No I'm confused I don't know why everybody's mood changing on me and this is weird I don't know I'll accept that I guess. Yeah I know gold and supposed to be good I know yeah but I don't know about gold prospecting hope well that is but the thing that makes no sense to me the person I'm with is been almost 10 15 years supposedly it was supposed to I don't know what's going on with that but he was supposed to be into that type of stuff and nothing is really happen but I don't know but it's harder being prospecting than it is you know gold itself but you never know well I'm not sure of either but I've never really I just hear a lot of stuff I just it seems interesting I just don't know really how to learn this I'm so confused on all this. I try to learn things new and try to make ways but it just seems like it back first and whatever I do to you I get it.
Again, debatable. If you went long gold near the highs in 2011, you would have to wait a full 10yrs to break even! In the mean time simply being long S&P would have given you a 4x gain in that same time period. But go long gold in 2015 and the story is different. The question is not "Is it good to buy gold?". The question should be "When is it a good time to buy gold?"
