Wednesday, July 20, 2011

Gold Still Glittering

Gold is hitting record highs! It passed $1,600 this week and shows no sign of leveling off. My financial "guy" told me earlier this week that they are anticipating a small correction in gold but they are expecting it to recover quickly and go even higher, maybe even to $2,000. Others in the industry are mentioning values starting with "3"! I think I mentioned that I have a substantial portion of my investments in precious metal funds. They are not going up quite as fast as gold but are generally tracking it. It would be nice to have a few actual gold bars stashed away but I would probably spend too much time stroking them.

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