For God, Family and Republic

A good time to buy gold and platinum?
Gold and Platinum!!! I think now is perhaps good time to consider buying gold and platinum. Right now, silver carries quite a premium compared to other precious metals as investors often look to silver since it costs much less per ounce in comparison to platinum and gold. Thus, more profits are to made in other precious metals. Gold is almost $500 ounce now.

Buyers are already taking notice and precious metals have made steady gains over the last few years, as the U.S. Dollar continues to decline. (Though, I'm an indebted, impoverished recent college graduate who cannot take my own advice at the moment.) Anyhow, there are lot of macroeconomic factors that make for a bleak prognosis for the United States economy and the U.S. Dollar in the years ahead. (Just revisit my proprietary article on federal spending binge as well as those from Rep. Ron Paul that I have posted since February.) In sum, the federal government cannot pay its bills, and the national debt is almost $8.4 trillion. Personal and corporate indebtedness is staggering as well, and we may be in for a soft depression and a managed decline of the U.S. economy. The Republican-controlled Congress has hiked the legal debt ceiling time after time.

If you're interested, visit the web sites of Kitco and Monex and check out the spot prices for precious metals. By the way, I don't own a gold mine, I'm not a broker, so I have nothing to gain recommending this. Invest at your own risk and make an informed decision weighing financial data on your own.