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Is anybody still buying silver and gold?
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<p>[QUOTE="Owle, post: 1323250, member: 22004"]Point well taken. </p><p><br /></p><p>Was just watching Gartman on CNBC who is projecting gold at $1450 or so. Supposedly the Chinese made a major purchase over the weekend which did nothing to support the spot price. </p><p><br /></p><p>We have seen all sorts of opinions on crystal ball projections--the fact is that no one knows but we know what the trend is--there are simply no safe havens, PMs remain the closest thing. Ron Paul calls gold "insurance", I guess there are limits to how much an investor should have. It is a heck of a lot better than stocks.[/QUOTE]</p><p><br /></p>
[QUOTE="Owle, post: 1323250, member: 22004"]Point well taken. Was just watching Gartman on CNBC who is projecting gold at $1450 or so. Supposedly the Chinese made a major purchase over the weekend which did nothing to support the spot price. We have seen all sorts of opinions on crystal ball projections--the fact is that no one knows but we know what the trend is--there are simply no safe havens, PMs remain the closest thing. Ron Paul calls gold "insurance", I guess there are limits to how much an investor should have. It is a heck of a lot better than stocks.[/QUOTE]
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