Whats gold and oil doing? current events? Buying ?

[coppertop1982]

Been watching gold and oil drop , and then I hear all this war terrorist stuff going on , is this creating people to sell in fear? Thinking of making a huge buy if it hits under$19, whats every one else thinking of the market?

[aloneibreak]

some of it is just late summer trading - always seems to be kind of slow

my advice ?

dont save to make a huge buy

buy a bit at a time at regular intervals

when the big increase happens, you may not be able to find anything available...

[silverstacker]

Dollar Cost Average your purchases starting yesterday

[InfleXion]

Generally people buy out of fear more often than sell. The price typically drops when people are happy with all that's going on in the world, and don't feel much need to have alternative currency. When global instability shakes peoples' faith in the establishment it usually amounts to higher prices (see Libya 2011).

Of course there are those of us with positions who will sell out of fear of the price dropping, but there are far more people who don't have a position than those that do.

Personally I feel things are primed for higher prices. However, these markets are driven more by computer programs than anything else. Market sentiment doesn't mean a whole lot to price these days.

If you plan to buy for the longhaul, and are comfortable riding out the waves until the exit point of your choosing, then jump in. The water's fine