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<p>[QUOTE=&quot;Hobo, post: 344789, member: 11521&quot;]Buy low. Sell high.</p><p>&nbsp;</p><p>Past performance is no guarantee of future returns. </p><p>&nbsp;</p><p>Gold has increased something like 50% in the last year. Those that bought gold before and during the runup have done OK and can handle a drop in price. </p><p>&nbsp;</p><p>If you start buying gold today you will be buying high (relative to a year ago). You will need gold to go even higher to make a profit. If this happens to be the peak of gold&#039;s price you can lose big time if you buy now. (I have bought stock at its peak. It&#039;s not fun to watch the price drop and drop and drop. I remember holding one stock for 2 or 3 years so I could sell it at a loss of <i>only</i> 1/3 of my original investment.)[/QUOTE]</p><p><br /></p>

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