I've been looking here lately at putting a pretty good chunk of money in a variety of U.S. Eagles, Canadian maple leafs, and Swiss Bullion. I need to do some research and talk to professionals to get their opinion first. Gold is at an all time high and is in great demand. I'm wondering if I should make a short term investment - buy high and sell slightly higher. It keeps going up...
I'm thinking I might wait 3,4,5 years until it reaches a peak low again. Buy a crap load fairly cheap (maybe 300-350 oz) and just sit on it.
As long as stocks are questionable, people are going to invest in precouis metals. Man if you would of bought a **** load of gold in the 70's for 200 an oz you would feeling pretty good about now since it's about 430.
|