I wonder if, in January, 2009 (when gold was at $900 and silver was at $12.00)people were asking the same question?
RE: I wonder if, in January, 2009 (when gold was at $900 and silver was at $12.00)people were asking the same question?
I can attest to the fact that they were. In fact, the Gold ETF, GLD was dropping to $86 ( about 860/oz ) early in 2009 and I was wondering if Gold has already made its top.
I decided to put a small percentage of my portfolio into GLD simply because I saw that Obama and the Fed were hell bent on printing money. I bought at about $880/oz. I am of course, close to doubling my investment already. My only regret is not buying more.
“I wonder if, in January, 2009 (when gold was at $900 and silver was at $12.00)people were asking the same question?”
I wondered at that time. I sold most of my sinking stocks and bought physical gold at $900/oz. No regrets.