gold is hot!
By maxsee212
@maxsee212 (799)
United States
January 17, 2008 1:57pm CST
if you want to invest in gold, this would be the best time to buy because of the winding down of the economy. you can't go wrong when you invest in gold because, you know that gold is always worth something. when you want to start investing in gold you can invest in buying gold bullions or invest in stocks of companies that sell or drill for gold.
2 responses
@maxsee212 (799)
• United States
21 Jan 08
yes, copper is a good thing to invest in too. if you're watching cnbc with jim cramer's mad money, he's very bullish on copper and gold. his favorite stock when it come to these commodities is FCX. i've been watching FCX for a couple of days now and i think it's the right time to buy because of the price going down because a lot of investors are scared investing at this moment. i think this is a good entry point and i would still observe if the price still goes lower so i could get more shares with my money.
@maxsee212 (799)
• United States
21 Jan 08
i would suggest buying a stock of gold rather than buying gold itself. but if you still want gold, then i suggest that you wait for a pullback in price at a lower price then you buy.
