6:54 am November 12, 2009, by Henry Unger
Two months ago, when gold soared over $1,000 an ounce, I asked you if it was too late to ride the wave up.
Well now, gold is at a record $1,119 an ounce.
As you know, many financial experts and investors shy away from gold, believing it to be the haven for gullible insomniacs watching late night TV promotions.
But those insomniacs appear to be having the last laugh — at least for now.
The precious metal has been growing in popularity because of the U.S. dollar’s weakness and record-low interest rates.
Gold prices are up 7 percent this month and 26 percent for the year, the Associated Press reports.
So, let me ask you again — too late or not? Still time to make money or a bubble about to burst?
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