Friday, July 15, 2011

Parabolic move in precious metals around the corner?

After badgering him for two years, one of my best friends finally caved and bought some gold and silver a few months ago.  Within a few days, he was glad, and even tracks precious metals prices more closely than I do now.

Today, the manager at the local supermarket asked me where he could buy gold, after I had been talking to him about precious metals for the past year.  I asked him what prompted him to finally look into it.  He said his finance professor began discussing gold as an asset class.  Better late than never, as the American public slumbers through one global crisis after another.

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