Gold price is much high, a Time to SPEND?

@moreinfo (3865)
China
April 16, 2007 8:02am CST
Now gold price has passed 692 usd per troy ounce. Its always a good time to invest when the gold price is high, so actually you spend less amoung of your e-gold. Any experiences with this situation? Whats behind the rising of gold price?
3 people like this
5 responses
yanjiaren
@yanjiaren (9031)
•
16 Apr 07
Is it because the Banks build high reserves of it and the price goes up? That is the one reason I would think logical enough to raise the price what do you think? I like the idea of using Egold to invest at this time..great idea..I invest all my Egold at the moment any way so it is good advice. Thank you.
2 people like this
moreinfo
@moreinfo (3865)
• China
17 Apr 07
for me, its hard to predict the factors affecting the gold price. but always international factors did that. the fact is, when the gold price, its always a good time to spend to your favorite programs. btw, back to london now?
1 person likes this
kareemadivina
@kareemadivina (1230)
• Philippines
15 Jun 11
I think that the best time to invest in Gold is when the price is low so you can buy in bulk.Once the price gets high you can spend or sell your gold that you don't necessarily need.You can still invest in Gold if the price is high and sell it when it the price will be higher.
mypigbox
@mypigbox (2245)
• China
17 Apr 07
I get your words.Maybe it is better to friends have more egold.for me only a little egold,it seems no effect in it.
blueeyeshyip
@blueeyeshyip (373)
• China
18 Apr 07
yes, i think that it is time to invest my e-gold!
oscar6
@oscar6 (1938)
• United States
15 Jun 11
I am not sure what is behind the rising of gold. I do know that it is a good time to sell though but I will keep my gold. My husband also likes to buy gold. Its a great investment that never seems to lose much value. It continues to rise and I am glad that we invest in this and not something else. We could be losing money right now but we are not.