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Old 02-06-2005, 06:37 AM
Go Blue Go Blue is offline
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Join Date: Sep 2004
Posts: 34
Default Any experts on precious metals out there?

Ok, so here's the thing. For a while now, I'm been considering investing in metals, most likely gold. The reason I'm posting here is that most people I know seem to be clueless to this. In any event, here is my conflict: I am hearing that gold is a great buy now. Of course, a lot of this info is from companies that trade metals so their information is likely biased. What they say is that gold does well at "times of uncertainty" and when the dollar is weak. While I don't doubt this at all (since gold is always good for something and can never truly lose most of its value, and it's been doing very well after 9/11), what I do doubt is whether or not this is the time for it to be doing well. The way I look at it now, is that the economy is doing a lot better and I think that the USD will start to regain its value soon. Hence, more money will go into stocks and the USD, and thus gold (and silver?) will lose value. So...any advice for me out there? Thanks in advance.
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