Smart gold investors aren't expecting a straight ramp-up in price. As others have said, it's best to average-in. And not to bet everything on gold. But it's an important part of a portfolio, for many. As is silver.
If the economy recovers, precious metals rebound too. But gold and silver also serve as protection against nightmare scenarios like the dollar collapsing. Unlikely, but it is possible.
Gold Bugs Beware [View article]
If the economy recovers, precious metals rebound too. But gold and silver also serve as protection against nightmare scenarios like the dollar collapsing. Unlikely, but it is possible.