Posted By:
Joe D."Speaking of gold, it hit $900 an ounce recently. I think it's going to top $1000 in the near future. That's only good if you have some, because otherwise it's a very negative sign."
I have been giving a lot of thought to buying precious metals, even at these high prices.
My fear is that much of the price jump has been due to devaluation of the dollar.
I don't know if the US plans on strengthening the dollar any time soon - but if they did, I would guess that would cause the precious metals prices to plummet. I wouldn't want to get caught up in that.
There are many people much more learned than I am on the subject - hopefully some N54ers are and someone here can guide me.
feel free to email me if further discussion is too OT.