Dec 30, 2011
We're back with our weekly discussion with The International Forecaster, Bob Chapman. Although the gold slam down continues and the price per ounce has dropped to a record low, Bob reminds us to remember the difference between paper and physical investments. Precious metals are a long-term investment. Don't be fooled by the mainstream media reports of the Christmas retail boom. The economy is not recovering, Sears and Kmart have announced the closing of over 100 stores and have left thousands of more people unemployed. The lesson of the day: buy while the buying is good.
Please send your questions to kl@kerrylutz.com or call us at 347-460-LUTZ.