An article about gold and silver investment in the business section of our friendly local fairfax news. http://www.stuff.co.nz/business/money/8824331/Investing-in-gold Funny the mainstream news to be promoting the drop in price with investors holding gold they bought at higher prices and continuing to buy more. Dollar cost averaging even mentioned. This kind of simple honest reporting of what's happening would scare me if we were anywhere near a top. Whats going on?
Isn't this part of the sentiment change that some analyst circles say will cause the upshift in prices?
That is a pretty good article for people who know nothing about precious metals, simple and honest info. Quote "The main drawback of using gold or silver as a safety net is that they don't produce any income. So anyone buying them would need to factor in what they might earn if they put their money into other types of investments" this is true, and I hope people stacking in large quantities have a balance of other investments to. Sounds like average persons opinions about precious metals as a form of investing and saving for everyone might be changing, this could push prices high if a serious amount of people start stacking pm. Imagine if every other person in developed countries in the world bought an just an oz of silver.
