The Risk of Gold, Silver, and Commodities Investing

gold

As many commodities investors may be all too aware, the price of gold has fallen in recent months to the $1,200-$1,300 range and the price of silver has fallen to around $20 per ounce. With these price falls, investors in these securities are learning a painful lesson: there is no consolation for gold, silver, and commodities investing when prices decline. You are stuck. You are at the mercy of the market. The only ways for you to do well are to either buy more or wait for someone else to bid the prices up.

I do not own any gold or silver, and I would go nuts if I did. It does not suit my temperament at all. I would go crazy during market busts because you are powerless. You are helpless. Nothing good can happen to you until the price goes up to an amount above what you paid … Read the rest of this article!