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Gold: Not Too Late to Buy!

posted Wednesday, 29 March 2006
Many indicators are pointing to 2006 as the year to buy gold before it zooms in price to new altitudes. Do you have a part of your portfolio in precious metals such as gold and silver? Are you ready for inflation and rising interest rates? Are you prepared for the economic changes that will occur when the Chinese and other nations no longer wish to buy US treasuries at current interest rates? You're going to need to take steps now to preserve your wealth and let it grow substantially as gold becomes the investment of choice for many nations now buying dollars. Get gold and silver. Make sure some of your stocks are in gold and silver producers like GoldCorp (GG), Meridian Gold (MGD), Pan American Silver (PAAS), Silver Wheaton (SLW), etc.

One gold play I recommend for more speculative investment -  only a small part of your portfolio, please! - is Minera Andes (MNEAF.ob). But get GoldCorp first!

And be sure to stay out of debt and save as much as you can. The time to be economically prepared is now.

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