Quote:
Originally Posted by Brando
If you're going to invest in gold & silver, buy the real thing, not a "share" of gold or silver.
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The problem with physical is you have to get it out of the safe deposit box & trek to the exchange to sell. It might have dropped $$ per oz while you were in transit.
Quote:
Originally Posted by Rot 911
No kidding. I bought gold back at $900 thinking it was at a high point, but wanted a hedge should SHTF. Then I almost sold when it hit $1100. Then when it hit $1300 a few weeks ago, I started thinking of selling. Now I am not sure where the ceiling is going to be.
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Let me know if you find out. I was going to sell 1/2 two weeks ago but I am still holding. Six months ago some experts were predicting $1500 by year's end with mild corrections through the year. So far they were right.
Ian