I agree it's tricky. Historically, sure, it's always a good time to get in. But gold is best to use as an inflation hedge, unless you are buying and selling prodigious quantities of it. If you look at the past year, the run was good, and since then it has roller- coastered within 100 points (roughly.) On the other hand, some experts think it will hit 2,000 and even 2,500. Check out CMI gold and silver (cmigs.com) They have a great informative newsletter you can sign up for for free.