What are yout thoughts based on the previous decade? I think we may be in a commodity based market for years to come...especially for the value in the products...
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Wait until gold pulls back to $1250 then buyComment -
Essentially all-in on gold and silver (Eagles, mostly)... This bull has a LONG way to run, IMO...Comment -
Gold is a seasonal commodity. I buy gold based on seasonal gold charts. For the last 5 or 6 years it has gone up after August. I usually sell in December. It's a nice Christmas gift.
I buy DGP which is a fund that goes up at twice the rate of the price of gold.
It usually goes down after the first of the year but I'm not sure it will this next year. Gold is somewhat inversely related to the dollar value and the dollar has been going down so gold may continue to go up.
Here is the seasonal chart:
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Remember a few years ago, when everyone was buying Oil and Gas hit 4 a gallon. All the analysts were on CNBC saying that oil could only go up. And then it went down. Then the housing market couldn't ever go down and people could flip houses at will. Everyone talked about how good an investment real estate was. and then it crashed. Kinda of a little late to get into metals isn't it.Comment -
I just unloaded most of my gold and silver at the very fair prices of $26 an ounce for silver and $40 a gram for gold. I think they've had a nice run already. Did you guys see the new vending machines that dispense gold by the gram. Coming to a city near you.Comment
