Replies

Watch the dollar index. When it drops below 80, the central banks become desperate to raise it back above that "magic number". One tool they employ is to sell gold futures. One day soon that tool will not going to work any longer, IMO.

I've been waiting to put my 401k completely into gold and oil. Think we're close?

I'm no financial advisor. That said, what I've done is to spread my few assets across a wide spectrum of classes. IMO, oil is a little risky because it is a normal boom or bust kind of investment. In that regard, I have a little raw land with the possibility of mineral development. That leaves other uses as well.

The timing of any investment is one of the really hard things to pull off. What I'm looking for is a steady decline of the dollar after it stays below 80 vs. a steady increase in the price of PMs. With a 401K in stocks, you have the added complication of timing a coming market decline.

You have to stay on top of things and listen to your gut and calculate your risk. ;)