Gold, the Other Hot Investment

Physician's Money DigestNovember 2007
Volume 14
Issue 11

Gold is rising, getting close to $700 per ounce. But Jeffrey Christian, founder of renowned commodities analysis firm CPM Group, has predicted that gold will rise much higher, and hit all-time record levels this year.

Christian pointed out that in 1980, when gold hit $850, its average price for the year was $612 per ounce. The average for the first quarter of this year was $650.12. So it's easy to see how we could break the record in 2007.

I advise people to move at least 10% to 15% of their portfolio to gold, and the best way to invest in gold is in physical coins. There are many easy ways to get in, and US Gold Eagle $10 coins make a good foundation for any gold collection. James DiGeorgia is editor and publisher of the Gold and Energy Advisor Newsletter ( and the author of the popular books The New Bull Market in Gold and The Global War for Oil.

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