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<p>[QUOTE="calcol, post: 2486923, member: 77639"]Gold hasn't been that great an investment compared to the S&P 500. Still for a little diversification, maybe not a bad choice. Be sure to take physical possession. A few companies that held gold for investors have gone under leaving investors not holding the bag (of gold). Secure storage is a whole other topic. If there is some kind of survivalist motive, gold is probably not the best choice. Small denomination, common, worn silver coins that are readily recognized (e.g. silver dimes) would be better for the apocalypse. If you are expecting a monetary collapse, hasn't happened yet in the U.S. except for the South during the civil war. Yeah, there have been panics, depressions and recessions, but nothing comparable to the Weimar Republic or Zimbabwe.</p><p><br /></p><p>Numismatic investment is an oxymoron. It's a hobby (an addiction for some of us), where if done right, you might not lose too much, and if very lucky, might gain on inflation. If it could be done reliably as an investment, big money funds would exist. Google Athena Fund, CAMI or coingate to find out what happened when it's been tried.</p><p><br /></p><p>Cal[/QUOTE]</p><p><br /></p>
[QUOTE="calcol, post: 2486923, member: 77639"]Gold hasn't been that great an investment compared to the S&P 500. Still for a little diversification, maybe not a bad choice. Be sure to take physical possession. A few companies that held gold for investors have gone under leaving investors not holding the bag (of gold). Secure storage is a whole other topic. If there is some kind of survivalist motive, gold is probably not the best choice. Small denomination, common, worn silver coins that are readily recognized (e.g. silver dimes) would be better for the apocalypse. If you are expecting a monetary collapse, hasn't happened yet in the U.S. except for the South during the civil war. Yeah, there have been panics, depressions and recessions, but nothing comparable to the Weimar Republic or Zimbabwe. Numismatic investment is an oxymoron. It's a hobby (an addiction for some of us), where if done right, you might not lose too much, and if very lucky, might gain on inflation. If it could be done reliably as an investment, big money funds would exist. Google Athena Fund, CAMI or coingate to find out what happened when it's been tried. Cal[/QUOTE]
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