What with the horrendous meltdown of stocks today I took advantage of the freefall and bought more metal.
This time I voted for palladium since I am new to this metal.
Got in at like $435 an ounce. Maybe by the time it reaches my mailbox it will be worth that price.
More later.
Entries Tagged as 'silver'
Time to Load up on Precious Metals
February 5th, 2010 · No Comments · Uncategorized
Hedging with Precious Metals
June 1st, 2009 · No Comments · Stock Trading
One of the reasons why I’ve been modestly successful at buying and selling precious metals is because I look at metal as mostly a long-term investment; something to hide under the mattress and spend when Rome burns. Or in this case, when the U.S. economy crashes—should it ever do so. The trouble with day trading (as [...]