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<p>[QUOTE=&quot;Hotpocket, post: 1886236, member: 44182&quot;]I think the other thing to consider is 1) the premium you have to pay as compared to other commissionable investments, and 2) your time horizon; in other words, when will you need the money?</p><p><br /></p><p>With regard to #1, if you buy a 1oz gold coin, you can expect to pay as much as $70 over spot price - as I write this, gold is currently $1,356 per oz.&nbsp; So just on the buy side of the transaction, you have a &quot;commission&quot; of over 5%.&nbsp; You can buy $1,356 worth of mutual funds at NAV with no commission at all, or place a stock trade for $7.95.</p><p>And on the sell side of the transaction, you can expect a similar cost to liquidate.</p><p>Silver can be even worse... $3 over spot at $20 per oz is a 15% commission!!! Sheesh!</p><p><br /></p><p>As for #2, I would not recommend gold or silver unless you plan to hold it for quite some time.&nbsp; If you might need the money sometime soon (due to other expenses, lost job, etc.), PMs are not all that &quot;liquid&quot;.&nbsp; &nbsp; You can get cash from your bank today if needed, but trying to find a buyer to sell your PMs to, get a check and have cash in hand may take days or even weeks.&nbsp; Also, I would not recommend buying gold/silver and trying to time the market and flip it to make a quick profit.&nbsp; Easy to get burned that way.</p><p><br /></p><p>PMs are a good hedge against inflation, and pricing changes in fiat currency.&nbsp; Having said that, I have less than 1% of my wealth in gold and silver.</p><p><br /></p><p>Just my 2 cents.[/QUOTE]</p><p><br /></p>

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