Investing in precious metals 101

June 11, 2009: Gold outlook

  • Thu, Jun 11, 2009 - 01:05pm

    Peak Prosperity Admin

    Peak Prosperity Admin

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    June 11, 2009: Gold outlook

This AM’s Kitco chart shows gold dropping. Do any of you "wise men" out there have any insight as to when a good buy sign is? (Wait, that’s terrible grammar!) 

I remember reading some weeks ago that one of the CM’ers had 920 as a buy. Do you think it’s going to drop that low, or is the current spot at about 945 or so a good buy? Kitco has a gold forum that I’ve looked into, but it’s way too technical for my understanding.

I’d love to hear your thoughts on this.