Ask yourself if you think the condition of the global economy is better or worse than last year when gold was $1,900 and silver was $48? Are countries more in debt? Are there more tensions between nations? Are there more demonstrations? Is the financial condition in Europe better or worse? Is the USDX higher or lower?
Please recognize a good buying opportunity when it's presented to you. One year from now many will be saying, "I wish I bought gold last May."
Remember, it's not GOLD that changes, it's the value of the currency it's being measured against that is gaining or losing. Consider this when you place a true value on gold. BK