I started going into precious metals at gold $400 and silver $5, and I think they'll go over 1,000 and $20 in a few months.
Gold looks a little frothy right now. it’ll probably move a little higher I just do not have the nerve to do it after a 100% run up. Who knows maybe the financial crisis will resolve itself or stabilize in a couple of weeks then gold will have a pullback and that bear trap is stuck on my leg
I try to buy at the bottom and sell high :)
I am a lousy momentum trader
If I was going to buy gold the time to buy it was back in ‘05-6 for me right now it would like buying the DJIA @ 14,000 IMO