Gold Will Continue to Glitter

So says George Gero of RBC who’s one of our favorite metals traders at Fox Business.  Gold skyrocketed to an all-time new record high today on dollar weakness.    I had anticipated this and brought in my fancy little Krugerrand my dad gave me years ago.  He actually kept them hidden in the wall of our house in L.A., explaining that “if the Nazis ever came, they wouldn’t take dollar bills.”  There’s something so poignant about that mentality that frankly a lot of people who lived through or during the Holocaust still have.  Dad got over it about 10 years ago and finally just gave us each a Krugerrand or two and said, “Do what you want with it.”

I saved mine.

Ahhh, the question we keep getting: “Is it too late to get in here at this price of more than $1100.00 an ounce?”

Not the way traders behaved today.  They pushed the yellow metal up on contracts as far out out as December of 2011.

But HOW to buy? In gold stocks or the physical metal?

And ***WHAT ABOUT SILVER?

(Why did I put SILVER in all-caps? Watch the interview with George below!)

–Liz