Gold is not a magic metal with supernatural qualities. The best way to approach investing in gold is to look at it as a commodity. Like any other commodity. Like crude oil. Like copper.
Before investing in gold make sure most commodities are also rising. You will find this scenario during a strengthening economy.
Right now the economy is weak. Commodities peaked in early 2011. And gold has not gone anywhere since may of 2011. Like most other commodities.
George Dagnino, PhD
Editor, The Peter Dag Portfolio. Since 1977
2009 Market Timer of the Year by Timer Digest
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