This is a discussion on Gold within the Business Finance forums, part of the Business category; What do you think about the gold. Is it profitable to invest in it?...
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think about it, gold is in a sense like oil..... it is a limited resource, and it is precious!!!! it will go up in value. When Tony Blair was Prime Minister a bar of gold in the Bank of England was worth £63000, now it is worth over £198,000. its simply due to limited and constantly depleting resources
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do you seriously think people will stop craving it???........ only when the price of it soars way too high whch wont be for a long time if it does happen. Even then there will always be someone somewhere willing to pay for it.
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