Q&A: Is it too late to invest in gold? It's at $975/oz? | Gold Investment ...

Question: Is it too late to invest in gold? It?s at 5/oz?

Im worried that if I buy it now it will peak around 1000 and start falling in value, then again I think maybe it will keep going up since its been going up so much lately and the market could get worse? Thx

goldsenze.com Answer:

You can expect a bump and perhaps a pull back at $ 1000 as it is a round number and a big one at that?but before getting into any resource you should fully understand why its at that price and what drives it.

Oil is the same ? which is also a good investment right now ? it also depends what you are going to invest in ? stocks, private company, the actual resource?.etc.

Nationally syndicated radio show personality Al Korelin from the Korelin Economics Report hosts Industry Watch. For Monday April 19th 2010, Al discusses gold, base metal, uranium and other commodity investing with leading expert analyst Mr. Lawrence Roulston. Some of the hot topics in this episode include how to invest in gold and what to look for when buying Gold exploration or producing companies. Mr. Roulston, editor of the Resource Opportunities Newsletter, is a geologist, with engineering and business training, and more than 20 years of hands-on experience in the resource industry. After completing his studies at the University of British Columbia in 1975, Mr. Roulston worked as an analyst for Cominco Ltd. and for a mid-sized Calgary oil group for several years. In 1984 he became the CFO for a group of mineral exploration companies. He was also vice-president in an investment management firm focused on the resource industry. From 1994 to 1997, he was CEO and director of a mineral exploration company. Since then, he has been a resource industry consultant and independent mining analyst. Mr. Roulston?s years of hands-on experience and extensive personal contacts in the industry provide unique insights that have generated an impressive track record for Resource Opportunities. Resource Opportunities is a subscriber supported publication dedicated to providing objective commentary on the resource industry. Renowned mining industry expert Lawrence Roulston brings you a ?

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