11/21/2008 @ 11:04:14 am by icoincollect.com

Is Gold a Good Investment

There seems to be wildly different opinions on the question of whether gold is a good investment or not. As usual, experts disagree.

Some say the price of gold will undoubtedly go up and will be a bullish investment, especially with the problems the stock market is going through right now. They also claims that gold is cheap compared to other assets.

Others feel that gold is not a good investment. These experts say the price of gold hasn’t changed all that much over the past two decades and believe your gold investment will dwindle due to inflation.

Some claim the lack of liquidity will hamper your investment. You can’t buy a house, purchase a car or feed your family with gold. While there are a number of dealers out there who will sell you gold bars or coins, they, in turn, don’t want to purchase gold from you. If they do, the price they pay is usually quite low.

When you “invest” your money into something you are seeking to get a return for your investment and the bigger the return the better your investment was. If you can’t sell your gold or have to take a hit on the price you receive, then your investment was not a good one. So, for the time being, the most popular theory is not to invest in gold at this time.

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