I hope it’s a bubble. I want to buy a little more but can’t afford it at these prices.
Buy silver. When gold goes up to high for the average person, many middle class investors start to look at silver as the alternative. Normally silver should be 1/40 the price of gold. Right now it is about 1/60 price of gold. Silver still has some upside to go. If you can buy it at $25 per ounce or less, it is a good deal. Cheapest type of silver to buy per ounce is US half dollars, quarters, and dimes minted prior to 1965 which contain 90 percent silver. Recommend www.apmex.com, www.providentmetals.com and www.bulliondirect.com. The first and second company actually lists the buy price if you wish to sell your silver coins (good strategy is have buyers lined up for the products you intend to buy). NOTE: One buys precious metals to preserve your buying power just in case inflation and/or hyperinflation hits from all this Fed printing of money in an attempt to fight deflation. Even if the Fed can defeat deflation with controlled inflation, the dollar will gradually lose its value over time compared to other currencies. Thus gold and silver will increase in value when translated back to dollars.