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Posted by Frugal on May 5th, 2008
PM have reached my downside targets last week. If you have no stakes, it’s a great time to pick up some. But don’t expect a home run right away.
May 5th, 2008 at 3:28 pm
I know nothing about PM; what’s your suggestion on what to buy. Thanks.
David
May 5th, 2008 at 8:41 pm
Buy GDX, CEF if you like. They are VERY volatile. You will need the nerves of steel in the downturn.
May 6th, 2008 at 5:03 am
There are two relatively new ETFs for gold. DGP is a double long play and DZZ is a double short play.
Have fun.
May 6th, 2008 at 6:20 pm
many thanks