The best time to make any investment is about two hours before the price shoots to the moon. If only eh?
Unfortunately we can never see in to the future, only the past. History however does tell us a lot and when it comes to buying gold. Looking at the price gains over the past ten years it is clear that Autumn has proven itself to be the best time to buy gold by quite a margin.
Following the summer lull August, September and November have traditionally been the highest gaining months of the year. Whilst December is clearly a weak month as soon as we get to January and February the price rises have been consistently higher than the rest of the year.
I have always suggested that the best way to average out the price of any gold purchases is to buy a fixed amount every month but for those people who like to invest on a less regular basis, history tells us that now is the perfect time to consider adding to your physical gold stash.
And if you came to my seminar in July then you will also know that I am personally adding to my physical silver collection right now. Whilst silver is far more volatile than gold I am hoping to double my money on silver in a very short period of time.