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Reply to "How long with the gold run go?"
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[quote=Anonymous][quote=Anonymous]hmm- im looking to buy gold as a south asian mom who will need to buy my kids jewelry in a few years. about 10 tolas worth, I was thinking maybe I should buy it now to hedge against it becoming prohibitively expensive in 6-10 years when my kids will want to augment the sets that they will inherit from me for their weddings. asian aunties- the main players on the gold market- my parents have passed away and my my in laws are broke- what should I do??[/quote] If you buy now and the price drops by 50% in 6-10 years, what should have have done today? That's your answer. Trying to guess the future value of something today is impossible, or else we'd all already be billionaires. You may as well flip a coin. [/quote]
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