Cu Penny Hoarder wrote:Stock market futures and all commodities (including G&S) are getting hammered right now. I do NOT recommend buying any gold or silver stocks or ETFs at this time. These things will drop sharply like they did in 2008.
Physical is going on sale right now and it may go much lower. I am cost averaging in on these dips. I've been buying a little here and there, but I am getting ready to load the truck if gold breaks below $1700.
I suspect many G&S bullion dealers will be very busy today and sell out of many items, especially ASEs.
Any chance the mid-august scenario repeat itself?
It dropped sharply, but only for two days. If you missed the buying opportunity... then you missed it!
Damn it... I bought several onces at 43 some weeks ago... what a bad timing..
It seems it always do down when I buy and up when I sell!