So what do you think is the best time to buy gold and silver? should it be this time, when economy bites? if not now? when?
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Unless you have some pretty sophisticated systems, or inside information, timing the market usually doesn't work out well. I'd recommend something like buying a certain number of ounces every week, on the same day. Or once a month, or on a regular basis like that. Sometimes you'll end up buying high, sometimes low, it'll average out.
Definitely now. After the economy collapses the price of gold & silver will go up. When stocks & bonds go down, the price of gold & silver goes up.
Last May was a pretty decent time to buy. By now, you should be looking back proudly at your purchases then, while scooping up a little bit every now and then still.
The factors that make the price of gold rise are the same factors that throw the financial markets into turmoil. This is precisely the reason why gold serves so well as financial insurance.
