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It's a good time to buy! ( 00:47:57 WedDec 14 2011 )

Here is a very informed explanation of why the gold prices are down, and nearly guaranteed to spring right back up. There are strong arguments that $1,900 will be the coming lower resistance level, bouncing up to $2,200.

While nobody can predict exactly when, all you have to do is pay attention to the worldwide economic fundamentals to maintain some certainty that gold is going to continue steeply trending upward, even though there will be some momentary downward corrections. Look at the longer term graphs in the article!

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Re: It's a good time to buy! ( 02:40:22 ThuDec 15 2011 )

I'm pretty sure the info is basically correct, and now is a great time to buy a bargain in the precious metals. Problem is ... buy it with what?

For those with cash that can't find a reasonably safe investment that pays worth a darn (almost an oxymoron to even say that) which are scarce as hen's teeth, if any actually exist at all these days, then real goods, real property and precious metals might be the best thing you can do with that mattress stuffing material.

For the rest of us, it may still be best to find it in the ground and trade work equity and sweat as our investment. Just don't get caught actually extracting minerals in an effort to put money into the economy ... that seems to be officially verboten in the current regime, even though the valid laws actually support it!


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