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What is the best time for investing in Gold

Hi

I want to invest in gold but didn't much aware about it's rules and regulations.

I found the gold investment solution over here

Comments

  • lcoopielcoopie Posts: 8,872 ✭✭✭✭✭
    LCoopie = Les
  • BAJJERFANBAJJERFAN Posts: 31,075 ✭✭✭✭✭
    theknowitalltroll;
  • bronco2078bronco2078 Posts: 10,201 ✭✭✭✭✭


    I buy locally and If its flat or down I like to buy on a tuesday image So I didn't get any yesterday . If I pass on a tuesday I will wait till the following week.

  • TwoSides2aCoinTwoSides2aCoin Posts: 44,269 ✭✭✭✭✭
    You know there's no time like the present. What time is it ?
  • BAJJERFANBAJJERFAN Posts: 31,075 ✭✭✭✭✭


    << <i>You know there's no time like the present. What time is it ? >>



    What is time to a pig?image
    theknowitalltroll;
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,269 ✭✭✭✭✭


    << <i>

    << <i>You know there's no time like the present. What time is it ? >>



    What is time to a pig?image >>

    Dinner time until it smells like bacon, I think.
  • rickoricko Posts: 98,724 ✭✭✭✭✭
    When you have disposable income.....and preferably not at the market peak....Cheers, RickO
  • The question is ill formed, because gold isn't an investment. It is like asking "what is the evidence that leprechauns don't exist?"
    Positive BST transactions with Timbuk3, coindeuce, charlottedude.
  • derrybderryb Posts: 36,777 ✭✭✭✭✭


    << <i>The question is ill formed, because gold isn't an investment. It is like asking "what is the evidence that leprechauns don't exist?" >>


    Gold and it's many derivatives in the form of paper are an excellent investment vehicle for anyone on top of the market. Opportunities to make money exist with rising and falling prices. Same goes for other PMs.

    Best time for investing in physical gold is when prices are low. But then again, they might go lower. image

    Leprechauns do exist, I saw one on MNBC.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • OPAOPA Posts: 17,118 ✭✭✭✭✭


    << <i>What is the best time for investing in Gold >>



    When the "big boys" return and gold has stabilized with an upward trend....Not quite there yet.
    "Bongo drive 1984 Lincoln that looks like old coin dug from ground."
  • BaleyBaley Posts: 22,660 ✭✭✭✭✭
    Buy gold in 1977-1978, sell it in 1978-1980. Then buy some more gold in 2008-2009 and sell it in 2011. Then buy some more gold shortly before the next run up and sell it at the peak.

    You'll have to use your own crystal ball to pick the dates. Or look at some Charts and analyze the Fundamentals! image

    Liberty: Parent of Science & Industry

  • jmski52jmski52 Posts: 22,804 ✭✭✭✭✭
    Buy gold in 1977-1978

    Check!

    sell it in 1979-1980.

    Check!

    Then buy some more gold in 1998-2009

    Check!

    and sell it in 2011

    Wrong! You should have kept buying a little more at a time.

    Then buy some more gold shortly before the next run up

    Yeah! A bunch more, if possible.

    and sell it at the peak

    Aye, that is the rub.image

    Well Baley, at least we think alike about 55% of the time.
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • roadrunnerroadrunner Posts: 28,303 ✭✭✭✭✭


    << <i>

    << <i>What is the best time for investing in Gold >>



    When the "big boys" return and gold has stabilized with an upward trend....Not quite there yet. >>




    Essentially something that will be nearly impossible for the average gold buyer to know has really happened. We started talking frequently about gold here on the forum in 2003-2004 when it was in the higher $300's to mid $400's. The vast majority of readers here were saying it was all bunk and gold was going to head back to the $200's again. Even when it reached $500 and $600 most here said it was cooked for good. So don't believe for a minute that a turn will be so easy to spot and buy into it. Very few forumites did that in 2001-2004. Most were disbelievers until it finally got to $800-$1,000. And then when it crashed to $680, came all the "I told you so's." And that was followed by silver going from $8 to $49 and gold to $1900. After 13 consecutive years of higher year end prices, the "I told you so's" finally were right.

    The first uptrend in gold will also be followed by an eventual sharp pull back that will toss off most of the newly made bulls. Consider when you would have jumped back into gold after the 2008 crash to $680. Would you have jumped in at $750? $862? $935? $1035? $1044? $1100? $1200? See....the answer is not easy. The "easy time" was to get into gold from 2002-2006 at consistent buying from $300 to $600. There was "no turn" where the "big boyz" were all observed buying gold.

    Late 2014 at $1130-$1170 was a good time to start buying gold. If it goes lower still, then buy some more. There may be another opportunity or two by June-August 2015 to get it cheaper....or not. A good question to ask yourself is how low would gold have to go before you just bailed out of your initial purchases? $1,000? $900? $800? $700? How much would you be prepared to lose? On a seasonal basis, the best time for buying gold each year is usually during the annual bottoms that tend to occur in the summer (June-August). The fact that the last 3 "six month" half cycle lows occurred in Dec 2013, June 2014, and November 2014 suggest the next 6 month low might not come for a while.

    Barbarous Relic No More, LSCC -GoldSeek--shadow stats--SafeHaven--321gold
  • jmski52jmski52 Posts: 22,804 ✭✭✭✭✭
    https//www.nbh.ae/products-physical-gold-silver-trading-32.html

    trolling the US for gold?
    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • No Dear jmski52

    NBH is online gold trading website which provides a great platform for gold trading in Dubai and I found this website on Google when I searching for good website of gold trading.
  • bonkroodbonkrood Posts: 796 ✭✭✭
    Buy Gold when Oil hits $18.00. image
    image Steam Power
  • seebelowseebelow Posts: 1,643 ✭✭✭
    Different for me than stocks. Just buy and hold. So the term stacking would be the answer. Just a little constantly.
    Interested in higher grade vintage cards. Aren't we all. image
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  • drwstr123drwstr123 Posts: 7,036 ✭✭✭✭✭
    IMHO purchasing precious metals is 'speculating', not 'investing'.
    May be a minor point to man, but it's a distinction for me.
    Therefore, when you feel the time is right...buy gold.
  • TwoSides2aCoinTwoSides2aCoin Posts: 44,269 ✭✭✭✭✭
    Mornings are okay. Taking profits often occurs in the late afternoon before the refiner closes, anyway. Diamonds , on the other hand are not such a good investment after divorce, but they're pretty good before the wedding, so it seems.
  • Hey everyone,

    I've been thinking a lot about the best timing for investing in gold and wanted to get your insights. With the economy being so unpredictable, finding the right moment to invest in gold seems crucial.

    From what I understand, some key factors to consider are:

    1) Economic Uncertainty: Gold tends to perform well during economic downturns and times of financial instability. With talks of a recession and inflation concerns, now might be a good time.

    2) Interest Rates: Lower interest rates can make gold more attractive since it doesn't yield interest. Keeping an eye on Federal Reserve announcements can provide clues.

    3) Market Trends: Watching the gold price trends and technical analysis can help identify buying opportunities. For example, buying during price dips could be beneficial.

    4) Geopolitical Events: Gold often spikes during geopolitical tensions or conflicts. Global events can create short-term investment opportunities.

    I'd love to hear your strategies and thoughts on when you think it's the best time to invest in gold. Are there specific indicators or signals you watch for? Any advice would be greatly appreciated!

    Thanks in advance for your input!

  • rte592rte592 Posts: 1,658 ✭✭✭✭✭

    Invest in a good metal detector.

  • MrEurekaMrEureka Posts: 24,241 ✭✭✭✭✭
    edited July 22, 2024 5:09AM

    If I were trying to time my gold purchases, I’d keep an eye on the real (inflation adjusted) price of gold and buy when it’s on the low end of its range.

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • CRHer700CRHer700 Posts: 1,876 ✭✭✭✭✭

    @MrEureka said:
    If I were trying to time my gold purchases, I’d keep an eye on the real (inflation adjusted) price of gold and buy when it’s on the low end of its range.

    Where is this from?

    God bless all who believe in him. Do unto others what you expect to be done to you. Dubbed a "Committee Secret Agent" by @mr1931S on 7/23/24. Founding member of CU Anti-Troll League since 9/24/24.

  • MrEurekaMrEureka Posts: 24,241 ✭✭✭✭✭

    @CRHer700 said:

    @MrEureka said:
    If I were trying to time my gold purchases, I’d keep an eye on the real (inflation adjusted) price of gold and buy when it’s on the low end of its range.

    Where is this from?

    https://www.macrotrends.net/1333/historical-gold-prices-100-year-chart

    Andy Lustig

    Doggedly collecting coins of the Central American Republic.

    Visit the Society of US Pattern Collectors at USPatterns.com.
  • stevekstevek Posts: 28,873 ✭✭✭✭✭

    Anytime is a good time to invest in gold. The question is will it be better or worse than other forms of investment at the present time?

  • jmski52jmski52 Posts: 22,804 ✭✭✭✭✭

    You can try to time the gold market, but you can be wrong. Better to “average in” as time (and budget) permits.

    Q: Are You Printing Money? Bernanke: Not Literally

    I knew it would happen.
  • GoldFinger1969GoldFinger1969 Posts: 1,715 ✭✭✭✭✭

    That chart is useless, FWIW.

  • blitzdudeblitzdude Posts: 5,886 ✭✭✭✭✭
    edited July 23, 2024 5:22PM

    @jmski52 said:
    You can try to time the gold market, but you can be wrong. Better to “average in” as time (and budget) permits.

    Yup!

  • dcarrdcarr Posts: 8,423 ✭✭✭✭✭

    @blitzdude said:

    @jmski52 said:
    You can try to time the gold market, but you can be wrong. Better to “average in” as time (and budget) permits.

    Yup!

    .

    Says the person who tries to time the silver market via high-frequency trading of SLV.

    .

  • derrybderryb Posts: 36,777 ✭✭✭✭✭

    @GoldFinger1969 said:
    That chart is useless, FWIW.

    charts show history. History is far from useless.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • derrybderryb Posts: 36,777 ✭✭✭✭✭

    Best time to buy gold is when the fewest amount of buyers want it.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • cohodkcohodk Posts: 19,075 ✭✭✭✭✭

    @MrEureka said:
    If I were trying to time my gold purchases, I’d keep an eye on the real (inflation adjusted) price of gold and buy when it’s on the low end of its range.

    Is gold going to finally break out of that 45 year downtrend?

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,777 ✭✭✭✭✭

    @cohodk said:

    @MrEureka said:
    If I were trying to time my gold purchases, I’d keep an eye on the real (inflation adjusted) price of gold and buy when it’s on the low end of its range.

    Is gold going to finally break out of that 45 year downtrend?

    it did, in 2000

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

  • cohodkcohodk Posts: 19,075 ✭✭✭✭✭

    @derryb said:

    @cohodk said:

    @MrEureka said:
    If I were trying to time my gold purchases, I’d keep an eye on the real (inflation adjusted) price of gold and buy when it’s on the low end of its range.

    Is gold going to finally break out of that 45 year downtrend?

    it did, in 2000

    Looks like lower highs since 1980.

    Excuses are tools of the ignorant

    Knowledge is the enemy of fear

  • derrybderryb Posts: 36,777 ✭✭✭✭✭

    @cohodk said:

    Looks like lower highs since 1980.

    and higher lows since 2000.

    "Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey

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