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<p>[QUOTE=&quot;Cherd, post: 25272207, member: 24754&quot;]If you&#039;re worried about what the price of gold is going to be tomorrow, next week, or even next year...... then physical gold is probably not the market in which you should be shopping.</p><p><br /></p><p>When you take into account all of the premiums and costs associated with buying and storing physical gold, it makes very little sense as a short to mid-term investment vehicle (You&#039;re starting out 10-20% in the hole). The only place where it makes sense is for people that buy on a regular basis, dollar cost average their expenses, and hold onto their investments looooong-term.</p><p><br /></p><p>If you are buying gold with the intention of selling it for profit, then ETFs represent are far cheaper and more convenient way to do this.</p><p><br /></p><p>I can see how a dollar-cost average person would want to focus their buys within local minimums in spot price though. But, so far as whether its ever gonna be going up or down......... who knows!?[/QUOTE]</p><p><br /></p>

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