As Facebook IPO’s, Would You Rather Own FB or Gold?

Facebook Inc. (FB) rose 13% for its debut at $42.99, after a half-hour delay that mesmerized traders everywhere and slowed down the loading times of major financial portal Web sites. Shares had been priced at $38 on Thursday May 17, and were supposed to debut at 11 a.m. Eastern Friday, but were delayed for a short time on the Nasdaq exchange. All of this buzz is certainly exciting, and it’s quite easy to get wrapped up in the hype. Remembering the Google IPO,  you ask yourself: is it time to scoop up a few FB shares, with the aim of making a quick buck?

Posted in Gold, Precious Metals | Tagged , , , | 1 Comment
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