Gold Price Too High | ** An Anonymous Journal **

Thursday, November 04, 2010

Gold Price Too High

Lawrence, my friend, told me that he wanted to buy gold to keep but was put off by its extremely high price. He told me that he bought gold bullion some years back and then did not follow the market, so he was quite surprised.

On one hand, he is happy that he has made a profit from the gold that he bought previously, on the other hand, he laments that he didn't buy more and had missed the boat this time. LOL I guess we can never win! I feel that he is lucky enough to be able to make a tidy profit from his investment in gold, and I think that even if he reenters the market now, he can still make some money. From what I read, there is still upside potential for the precious metal.

It is too bad that I don't have enough funds right now to invest in gold. If you have been following my blog, you would know that this year has been exceptionally poor for me where I just spent so much more because of one thing or another. SIGH, guess I too have missed the golden boat.

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