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Gold Reached highest value in the history,

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   Gold
Thursday, May 13, 2010 04:16 AM 
Reply: >
To All investors

Gold has now reached the highest value in the history and is going up

http://www.kitco.com/charts/livegold.html

Please do invest it is the right time to make investment
Abdul replied on Thursday, May 13, 2010 05:34 AM 

Not recommended to invest at this stage.Buying any item at peek time is not wise decision.simply stay away
IMRAN replied on Thursday, May 13, 2010 07:47 AM 

THIS GOLD ID ... WHEN GOLD REACH UPTO PEAK HE ALWAYS TELL PPL TO BUY THE GOLD AND INVEST ....

I DONT KNOW ON WHT BASIS,,, I AM AGREE WITH ABDUL THAT IN THIS STAGE HOW ANYONE CAN INVEST ?
Abdul replied on Thursday, May 13, 2010 08:37 AM 

every rise has a fall and a sky high kite gets broken or tear off.
The gold can go further high from here, the chances are THIN but VERY HIGH chances to get reduced.

Generally when USD$ get stronger golds get down and dollar can be noticed getting better against major currencies these day.
Gold replied on Thursday, May 13, 2010 02:22 PM 

Dear Mr. Imran

1. You are right I am a regular visitor of this site and have suggested a number of times (started when Gold was at USD 700/=) and now the gold is at USD 1250/=
2. Who so ever listned to my suggestions got a good profit
3. Unlike currency Gold is the real assest. Now the countries have started investing in Gold and the price is rising. All are shedding their Dollar reserves and are buying gold
4. Our religion also encourages to use Gold as assests as our Zakat is payable on Gold as reference. Currency is a form of interest or Riba(details later)
5. There is no link between USD and Gold. US is keeping its Dollar high by quoting wrong figures. The US economy is down and anytime Dollar can give up
6. Death of Benazir Bhutto, unemployment data, bankruptcy of US banks and Time square event and other events make the Gold reach to their highest. Similarly other events will boost the Gold in the future.

So please as advice please do not keep your savings as currency, but keep them in solid Gold or Silver and pay your zakat on the current value

Allah Hafiz
SI replied on Thursday, May 13, 2010 02:53 PM 

I do remember the same advice given by Mr. Gold when gold crossed 1000 US$ but remrks given by someone were just like Mr. Imran but lateron time proved that Mr. Gold was right but predictions may be wrong sometimes. But if someone really wants to conseal his money from FBR he should buy some metal instead keeping money in his account as now FBR simply enter someones CNIC No. in his system and all deposits are knowm to them anywhere or any bank in Pak.
JI replied on Friday, May 14, 2010 06:48 AM 

How can I safely buy pure gold to keep it at home?
I would like to do that.
Tahir replied on Friday, May 14, 2010 08:35 AM 

I suggest stop fooling people with all these million dollar ideas.
Some wise told me when things come to laymen like us like a golden opportunity is something when big fishes want to get out of pool and get back to sea.
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