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The Market is dropping - Go Buy Gold
Sep 19, 2006
Its one of the hardest lesson to learn as an investory. Buy Low and Sell high.
It seems like such a simple thing, but it means that you have to buy when something is dropping in price. Prices don't just stay at one level, they fluctuate up and down. If you want to buy low and sell high, you've got to be prepared to buy when the price is dropping.
Oil and Gold prices have been dropping reasons so by that logic, the time to buy would be now. These markets both peaked earlier this year on concerns about political turmoil. Now they are dropping based on the idea that the turmoil is dissipating. However as much as I'd like to believe that, the world's level of turmoil hasn't really changed much over the last 6 months.
Monex has put out a release recently detailing their ability to deliver gold to your location or to your designated depository. Any investment should be diversified, precious metals should be as well, balanced with platinum and silver even investments in copper have recently proved to be profitable. Metals are only one area of investments, stocks, bond or mutual funds in all of these are additional ways that you can balance your investments such that you never have all of your eggs or ingots in one basket or vault.
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