Is this a good time to buy gold bullions?

Public Comments

1. Its less expensive to invest in Gold producing stocks than bullion...Or perhaps a precious metals fund...either way Gold will be good for the foreseeable future.
2. NO it is not a good time. At this moment you are seeing the extreme correction from a previous highly liquid market. I would advise waiting until levels become far more normal than they are now. It may take some time but it will be worth the wait. I would also advise care in paper trading with gold at this time if you are new to trading. Pay attention to the technicals and the attitude of the market because they change daily. Keep in mind Gold moves 24 hours a day (except weekends). When the market closes here Hong Kong, Australia, India are getting ready to begin. It is a very fluid atmosphere at this very moment.