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I was thinking of buying some gold mining company or gold ETF shares a while ago. Still time for the ETF buy I suppose, but maybe wait for a dip before buying the former.

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> but maybe wait for a dip before buying the former.

No real dips for the last 60 days. There might be one that goes below current level in the near future but there also might not be.

> There might be one that goes below current level in the near future but there also might not be.

Insightful.

Or just buy the real thing? The problem is since we can't know the future, it's hard to tell if it's a dip or not. I've bought a small amount in the past year by deciding on a price that I'll buy at if it drops below that. It worked out for me, buy it could have equally not dropped or plunged. #prettyMuchGambling

The real thing is the best thing, but typically you lose about 10% in transaction costs (dealers have around 5% spread on both the buy and the sell). You can decrease that somewhat with larger transactions, but you'll take a pretty big hit upfront.

Absolutely! Although I've been getting closer to 2-3% for gold. Silver though has a much larger spread, the price has to increase significantly to not loose money.

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