When is a good time to buy silver and gold ?

Question

if economic uncertainty stays the same for the next 6 months will commodity prices go up in the fall or are they highest in the summer ?

can silver and gold go down to 18 dollars and 800 dollars before the world economic collapse ?

Answer 1

When there is a war on, when there is a threat of war then investors flock to such commodities. Also, look for political instability in gold and silver producing countries, that will push the supply curve leftwards and thus the price goes up.

Hope this helps.

Answer 2

Gold was trading at about $1020 at it's high late this winter.  Here's a report from a few minutes ago:

By Polya Lesova, MarketWatch,  Last Update: 11:35 AM ET Jul 17, 2008

NEW YORK (MarketWatch) -- Gold futures gained 1% Thursday, as weakness in the U.S. dollar and rising oil prices boosted demand for the precious metal.

Gold for August delivery rose $12.30 to $975 an ounce on the New York Mercantile Exchange.

The metal reversed earlier losses after hitting an intraday low of $953.50 an ounce.

I suspect that we've seen the high in commodities and they will be reversing soon, just like we saw with Financials, Real Estate and tech stocks did.

Answer 3

You are thinking along the right lines as to buying gold and silver. Gold and silver are not much different then stocks. You can not time the market. Both gold and silver over the long term will go up. Ive been buying silver every month for a while now. I report I came across said a couple weeks ago forcasted that all commodities would be having a sell off. I think we are seeing that forcast comming to pass. The report also forcasted that this would only be temporary and commodities would continue their increase sometime in mid August. I belive these reports Ive been hearing because they have been right on the money so far. I am no longer buying stocks except for commodity based stocks and Im buying gold and silver as a hedge against inflation.

The banking system in the US and worldwide is not in good shape. I think we are going to see further declines in the dollar. All my education in history, economics and my gut feeling is telling me that its time to protect your assets with gold and silver. There are institutional investors taking positions in gold and silver. They have been doing so for a reason.

Do your own research. These are the sites I follow....

http://www.kereport.com/

http://dollarcollapse.com/

http://www.silver-investor.com/

http://monex.com/why/silver_market.html

http://monex.com/expert/supply-demand-im...

http://monex.com/expert/indispensable-me...

http://monex.com/expert/china-factor.htm...

http://monex.com/expert/declining-dollar...

http://monex.com/expert/silver-bull-mark...

http://monex.com/expert/silver-now.html