Gold going to collapse ? Possible ?

[Shion]

Everyone all rushing to buy gold now. Will gold prices collapse ?

Last time people say when ah peh ah soh and even beggars also rushing into stock market, a crash will be coming soon.

 

[mooseolly]

Kopitiam uncle and auntie all talking about gold now.

 

[boredom2012]

Crash is happening in china. China gold price dropping

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[ribena.bing]

crash also wont crash till price 5 years ago...

so im not worried

 

[rider83]

Crash is happening in china. China gold price dropping

Good. In time to stock up for CNY and then next year push one more round

 

[starry_starry_night]

Everyone all rushing to buy gold now. Will gold prices collapse ?

Last time people say when ah peh ah soh and even beggars also rushing into stock market, a crash will be coming soon.

It's true leh, now you see many sinkies cannot afford car so not many peasants can afford and coe still rise ah rise..so as long as anything kopitiam folks touch just avoid, things they don't touch then you go all in .. confirm huat

 

[Dopod007]

In long term, gold will keep on going up even though there might be a temporary dip in the prices.

 

[NintendoSwitch]

crash also wont crash till price 5 years ago...

so im not worried

How much 1 oz of gold 5 years ago?

 

[MoeLanYong]

My wife always say, when the retail peeps go into it, it is time to get out.

 

[cyke69sg]

Yes hope it collapses

 

[cyke69sg]

My wife always say, when the retail peeps go into it, it is time to get out.

Depends on what.

 

[xllms]

approx. 4-6yrs later will trend towards historical low

 

[KPO_SAHM]

Everyone all rushing to buy gold now. Will gold prices collapse ?

Last time people say when ah peh ah soh and even beggars also rushing into stock market, a crash will be coming soon.

In long term, NO!
I buy physical gold bars every now n keep them since primary school. I am in mid 40s now. Where do I see gold price drop leh??


My kids since baby...I always use their red packets to buy gold bars. They r still young... Still have 40+ years to see gold price even further. Moreover invest gold is the safest. That is what I learnt from my late grandpa since young. He had been through WW2. Also a gold investor too

 

[fire]

Gold prices go down is good, then I can buy more

 

[Kwein]

correction ≠ crash

 

[MoeLanYong]

Depends on what.

Agree. Depends on who the wife is. My wife is bimbo kind. Blur and always wrong. She says turn left, I just have to turn right and will find the correct location. Caveat emptor applies. Lol

 

[Mephist0pheLes]

My wife always say, when the retail peeps go into it, it is time to get out.

Then Ur wife would have missed the 30% market gain since April, cos retail investors rushed in during the dip.

 

[o0KelviN0o]

It has become a speculative asset

Damn stupid

 

[MoeLanYong]

Then Ur wife would have missed the 30% market gain since April, cos retail investors rushed in during the dip.

She was in gold around there. Verbatim she said gold appreciated 60%. I don't follow markets and I didn't check. Knowing her, half her info salah one. But I know she made a killing.

 

[greenitude]

Gold is for holding long term, did your reason for buying change when it crashed?