Ok our tax return came in and I have about $550.00 to spend. I have bought about 30 oz of silver so I am wanting to buy some gold. My 1st question is should I wait to see if the prices fall anymore and 2nd question what is the best size should I buy. Thanks for all your help
Best size imo is 1oz. Start an unallocated account with a dealer and keep adding to it (defacto savings acc) until it is worth redeeming for something noice and a good size.
This is the silver part of the forum, what's a gold buying question doing here? If it had been silver then an answer could be that 4 march's silver price $21.14 reflected orders totaling to 20% of worlds annual supply, that will be cancelled instead of executed, and the published stocks are over 1 worlds annual supply. So unless you wanna play/risk the game buylow>sellhigh>rinse&repeat, there is a fat chance that buying now equals a buyhigh. It's pretty much the same for gold though, since both are frequented by same storymakers haha.
None. Buy into stocks for greater return And then buy your AU with profits. Easy peasy. None of that tarnishing rusting rocks. Makes logical sense.
