GOLDBUGS AMEX Goldbugs Index (GOLD)

[al44]

Should we buy gold? I'm sure for every opinion that hits the internet that says yes we should, you could find another that says no the run is over. Separating the wheat from the chaff after reading dozens of articles can be mind numbing at the very least. Personally, I recco going far beyond the should or shouldn't buy gold articles. Look at economies of the main players in the world. Study macro economics and how it can affect currencies. A look at the dollar and how many more of them can they print. These are just a few items of many that will affect gold in the future. I'm sure several people posting on this board could add dozens more items. Bottom line - gold is not just a simple metal and a store of value. It can be complicated by many factors, hence my penchant for the macro view. But I do confess I am currently not buying gold. I loaded the boat at $350. But I am grabbing as much silver as I can afford for the same reasons I am pro gold. I also strongly suggest holding the physical and not buying paper gold unless you want to trade it like any other paper security.

......al