GOLD

[MakoMike]

Originally Posted by BigFish

I do own some vintage gold coins that belonged to my Dad! Don't think I would sell them though. I wonder if the gold weight value is higher or the collector value is??

Usually the collectors value is higher than the value of the metal. Usually being the key word in that sentence.

[justplugit]

Many Financial Ad-visors recommend 5-10% of your portfolio in
gold to diversify and have a hedge against inflation.

The reason to invest now is more a hedge against the falling dollar than inflation.
Although that could raise it's ugly head too.

I guess you could dollar cost average into Spyder GLD going in now at it's high of
$1400 an oz, but it is very volatile and can drop like a rock.

I remember back in the late 70s-early 80s it shot up quickly close
to $900 and then fell to $300 and traded in the $300- $400.
range for years.

Ya need a crystal ball.