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<p>[QUOTE=&quot;RaceBannon, post: 994292, member: 25357&quot;]Lots of good advice has already been offered.&nbsp; Here&#039;s my take. PMs are just like any other investment in that you cannot predict whether they will go up or down.&nbsp; Your time horizon of 4 years is relatively short.&nbsp; That, combined with the fact that PMs are trading near historic highs, could work against you in terms of investing in Gold/Silver.</p><p>I tend to agree that inflation is bound to push the price of Gold/Silver up in relation to the dollar, more likely over the long term, which I define as at least 5-10 years.&nbsp; But it could be a bumpy ride. The problem is that both those precious metals have already been run up around 300% in the last 5 to 6 years.&nbsp; It reminds me of Tech Stocks in 1999.&nbsp;&nbsp; Remember what happened to them in 2000?&nbsp; Is it too late to get in?&nbsp; No one can tell for certain.&nbsp; If you didn&#039;t really need the money, I would say go for it.</p><p>But the fact that you will need the money to pay for school in 4 years, puts you at the mercy of the market.&nbsp; You need the money at a given time, the market could be down when you have to sell.&nbsp; It could rebound 200% the week after you sell.&nbsp; You want to be in a position where you dictate when you sell.&nbsp; You&#039;re much more likely to have a successful investment that way.[/QUOTE]</p><p><br /></p>

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