gold/silver

Do you recommend buying [some] gold and/or silver,,,now?

Terry Says: Actually, yes I do — assuming that a) you don’t have any, and b) you understand that this is a small, speculative part of your portfolio.  While I believe that the price of gold bullion could go even lower than the current $1244, I think this is a good time to venture into a diverse portfolio of gold mining stocks.  There are several mutual funds that provide this access.  Most of the major fund companies such as American Century, Fidelity, and Vanguard have them.  Also there is one company for which this is a specialty:  www.USFUNDS.com.  Do your homework, understand the risks.  You will always hope you don’t make a “killing” on your gold stocks — because that will imply that we are having huge inflation and the value of the dollar is falling.