This is a matter of timing and now is the time to make money with gold. You should only invest when enough of the essential factors are lined up as they are right now. When not enough of the essential factors are there, gold is a lousy investment, as it was 22 years ago. Now that all the factors are lined up, they will remain that way for years ahead.

In all probability, during the first few years of this golden bull market, you will eventually make money in the metals, no matter when you bought them or how much you paid for them. Any investment in gold at almost any price will eventually pay off. Although the long-term prospects are terrific, the metals can be silent for years at a time like those nearly two decades ago, between the end of the last bull market in 1980 and the beginning of the current one. (more…)