2006-09-13 11:51:23 · 6 answers · asked by ziggy_cutlass 1 in Business & Finance ➔ Investing
I am bullish on precious metals after this pull back. I certainly think it is a buying opportunity. The US dollar is going to remain relatively weak so that should help gold prices rebound.
http://gold-news.org/ is a good source for news and analysis on the metals sector.
2006-09-13 11:57:43 · answer #1 · answered by Lynn S 1 · 0⤊ 0⤋
Yes, and yes. There is going to be a retreat until the next crisis arises and either North Korea scares the world with a successful nuke test or Iran gets the bomb and starts making good on their promise to eradicate Israel or Islamic fundamentalists overthrow the Saudi monarchy, or China floats its currency, dumps dollars, and demands payment for its manufactures in Euros. Then gold, which you will be buying at a discount right now, will be flying through the roof.
2006-09-13 22:43:26 · answer #2 · answered by Rabbit 7 · 0⤊ 0⤋
The Run is OVER! Next move is DOWN!
Wait for the next recession to hit its deepest point, then BUY Gold & Silver.
2006-09-13 20:12:13 · answer #3 · answered by Joe the Expert 2 · 0⤊ 0⤋
short term pain, long term gain..
I'd wait for a pull back
you might look into DBC as a way of indirectly playing commodities
2006-09-14 02:46:34 · answer #4 · answered by Gemelli2 5 · 0⤊ 0⤋
I am going to wait for the price to dive before buying.
2006-09-13 23:00:51 · answer #5 · answered by inpoetry1 3 · 0⤊ 0⤋
Try to this Visit http://net-new.blogspot.com
2006-09-13 23:22:02 · answer #6 · answered by netnew 7 · 0⤊ 0⤋