{"id":89152,"date":"2016-05-04T15:20:57","date_gmt":"2016-05-04T19:20:57","guid":{"rendered":"http:\/\/countingpips.com\/?p=89152"},"modified":"2016-05-04T15:20:57","modified_gmt":"2016-05-04T19:20:57","slug":"is-it-a-good-time-to-buy-gold","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2016\/05\/is-it-a-good-time-to-buy-gold\/","title":{"rendered":"Is It a Good Time to Buy Gold?"},"content":{"rendered":"
May 4, 2016<\/div>
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By Money Metals News Service<\/b><\/p>\n

QUESTION:<\/b> I\u2019m planning to buy some precious metals, but I\u2019m wondering about the timing. Metals have been on a very good run this year, so maybe I should wait for a pullback?<\/i><\/p>\n

ANSWER:<\/b> It depends. In the short run, metal prices can go either way, and you might catch a dip by waiting.<\/p>\n

\"Questions<\/p>\n

However, where prices are going in the next day or two, or even the next month or two, is impossible to answer with certainty.<\/p>\n

So we suggest asking a different question first: How much, if any, physical bullion do you already own? If you have a holding significant enough to serve the purpose for which you bought it \u2013 defending against inflation, crisis preparedness, diversification from paper assets, etc. \u2013 you can afford to speculate on lower prices. If prices go higher, you are still invested.<\/p>\n

Those who do NOT own the metals they wanted are at great risk. We are wired with a propensity for gambling and, unfortunately, that tendency paired with human emotion wreaks havoc on our decision making.<\/p>

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Free Reports:<\/p><\/div>\r\n

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<\/a>\r\n\t Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p>

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<\/a>\r\n\t Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p>

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We forget the fundamental drivers for buying (or selling) and chase illusory bottoms (or tops) instead. We hold out for even lower prices when markets fall. When prices rise, we wait for a dip and then hold out some more for even lower prices.<\/p>\n

It is easy for investors forget their first priority was not to buy metal at the exact bottom. It was simply to own a meaningful number of ounces and get prepared for what they see coming. We live in uncertain times, and the metals markets can move fast. If you don\u2019t have an adequate holding, there are much bigger considerations than saving a few dollars in price.<\/p>\n

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The Money Metals News Service provides market news and crisp commentary for investors following the precious metals markets.<\/p>\n

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 <\/p>\n","protected":false},"excerpt":{"rendered":"

By Money Metals News Service QUESTION: I\u2019m planning to buy some precious metals, but I\u2019m wondering about the timing. Metals have been on a very good run this year, so maybe I should wait for a pullback? ANSWER: It depends. In the short run, metal prices can go either way, and you might catch a […]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-89152","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/89152","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=89152"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/89152\/revisions"}],"predecessor-version":[{"id":89157,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/89152\/revisions\/89157"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=89152"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=89152"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=89152"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}