Monday, April 11, 2016

Better opportunity to buy Gold in next 2 or 3 years

I own gold, but I've not bought gold for several years. 

I think investors will get a chance to buy gold lower in the next couple of years. If that happens I hope I'm smart enough to buy more. If it doesn't happen, I own some gold, I will make some money. But I'm still waiting for my another opportunity.

Crude oil prices, on the other hand, are in the process of making a complicated bottom. What normally happens is you have a big drop, then you have a dead-cat bounce, and then you test the lows. There could be developments across the globe that could see oil prices spike down but after that, I do see oil recovering.