Buy Gold? Wait and Buy Silver - Dollar Rallies

Did you see? Gold fell again and for the third straight session and the dollar - believe it, or not - is looking like a rally. But a weird twist, silver gained.

The U.S. dollar rose - I mean it didn't sky rocket - but against six major currencies, it did fairly well. (Can you say the euro, the yen, and the pound?) And gold - sitting over $1000 an ounce, is still an interesting buy.

Gold is following the dollar for direction, according to traders. And the commodity markets are in limbo. Is it really a good place to invest? Not for amateurs at the present moment.

As gold dances with the dollar, watch out. Gold hasn't fallen this much since 1990 after the Feds cut interest rates. The dollar, naturally - zoomed up! But raw materials took the opportunity and sold-off.

What did investors do? Silver, silver, silver!

Silver climbed to $17.11. Time to buy.