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<p>[QUOTE=&quot;scottishmoney, post: 373303, member: 12789&quot;]Yes GX you are right on the mark, there are a variety of factors which come into play in determining where the prices of commodities will go.&nbsp; I know there are people all over the place that think they can predict using some formula etc. what prices are going to do, and what people should do.&nbsp; I cannot tell you how many times I have heard this nonsensical information on the internet, on TV, and at coin shows.&nbsp; </p><p><br /></p><p>The problem is, that for coin collectors the prices of commodities like gold and silver have an emotional attachment, perhaps human nature.&nbsp; Perhaps there is no other hobby, or what should BE a hobby that is so determinate on the prices of precious metals.</p><p><br /></p><p>If I could predict where in the world gold and silver were going to go price wise, I would be very wealthy.&nbsp; Or I could just get wealthy by telling you what they are going to do, whilst you lose your shirt.</p><p><br /></p><p>Do not invest in gold.&nbsp; It is not an investment.&nbsp; Gold is and should be viewed only as a last ditch insurance policy when all else hits the fan.&nbsp; And... sorry to say, it may even lose value compared to what you paid, but you have something to show for it.[/QUOTE]</p><p><br /></p>

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