Gold?
 

Is now the time to buy? :)

Sorry, that's a bad subject right now :(

No. The factors that sent gold on its run up are ending. China is slowing big time. The dollar is strengthening. Interest rates are rising. US unemployment remains stubbornly high, which is a deflationary factor. Quantitative Easing will end this year. Most of the underlying justifications for gold rising are coming to an end. Add to that the fact that a significant amount of gold's rise comes from speculation and the assumption that it will always go higher. The second gold looks like its dropping, all the speculators or even the imstitutional investors who need to cover their positions, sell in a panic.

Over time gold always returns to a fairly predictable cost that can be calculated based on the value of the dollar, inflation, and a few other factors. Remember, this is long run analysis, and things can stay in the short run for a long time. But the historic average for gold, even in this environment, is about $800 an ounce.

There's a lot more downside to gold than upside. Buying now is like trying to sail into the wind.

I think I would look at silver instead of gold.

Ive been thinking of buying a little. I have a few 1oz coins and a bunch of old silver dollars. Never looked at it as much of an investment, just something to have that may go up in value. Just something to collect. What I have I bought years ago.

Since stocks are hitting new highs I may take some gains, maybe put a small amount in gold and silver just to add to what Ive got. Not enough to make a difference, just may buy the different gold coins out there just to have them.

The question is, "is it ever a good time to buy?"

Well, I guess, if you are a gambler, than there are times that it's good and bad to buy gold, but if you are an investor, is any time a good time to invest in gold?

Why Buffett thinks investing in gold is stupid - MarketWatch

Steadfast Finances10 Reasons Why Investing in Gold is a Bad Idea

daveramsey.com | Investing

If I was going to buy gold, I would want a time machine to do it with.

Sell now and put the proceeds in Liberty Reserve

Ha ha ha ha ....