best way to buy Gold is the ETF funds GLD or DGP, you have shares and you can get rid of it in blink of eye.
It is late in game, unless you think world is going to colapse
if you have a 1 year outlook i'd wait
if you have a 5 year outlook you'll do fine
if your looking for a quick trade....
think gold nearing the tail end of a bull leg that'll end around the 1300 area...
and than will undergo a year+ consolidation as it has done in the past with a pullback to 1000 or so....
time to build up long term positions was 6-12 months ago.....
time to build up long term positions will be in 6-12 months from now...
not right now IMO
that said regardless of the short term fluctuations with the shit that's goin down right now i'd be surprised not to see 2000 an ounce down the road....higher than that....we'll have to see how things evolve on the fiscal front as this mess proceeds
also...
it always seems like all the gold treads seem to pop up right near the tail end of the bull legs......