Just like stocks, gold price dropped significantly over the past week. It's good news for us waiting on the sidelines to enter the market. No, not me because I cannot afford to invest in new commodities for the time being, seeing how bad the curre3nt economic climate is right now, investors would definitely need enough fire power.

My friend already opened an account with Monex Precious Metals as he would like to invest in gold but I think right now, silver would be a better bet.

I personally have no experience in trading in precious metals but I read from an investment website that one should always hold his own metals. It’s a good thing that Monex ships them out to their buyers via USPS, fully insured, of course!