Gold and Silver buying opportunity is here

Ever plan to buy gold or silver? After the big drop at the end of last week, the prices had dropped to very attractive levels. My itch for owning physical silver is driving me nuts. Holding a physical silver coin in your hand is indeed very different experience. I just want to have some. Urgh !! It's like a craving, and it might just be a new addiction. It's shiny, shiny shiny.

I was looking at how the prices of gold and silver falling on Friday, and it reminded very much of what had happened in 2008 when the financial crisis exploded in full force. This article does a very good job explaining things. Whether that the drop is caused by hedge funds liquidation drive or a CME margin hike, it doesn't matter, this just created a good entry for buying gold.

How Gold Performs During A Financial Crash

Copper is on the verge of breaking down, perhaps similar to the previous 6 months drop in 2008 to the bottom. With the Euro zone threatening to blow up, this might be the indication that the next 6 months will not be a happy one, unless we are hedged accordingly. And so, this is another piece for copper.

Recession or Pessimism: A Look at Economic Indicators