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Message:: [QUOTE="mcrow24, post: 1468285, member: 38505"]I think right now Gold is peaking and sometime in the next few years there's going to be a major down turn in the price. History says that when gold prices rise as fast as they have been the last few years, that at some point they will come crashing down to earth. Historically this is in the 40-50% drop range. However, the prices almost always will trend back up and above the pre-crash price. Normally it takes the better part of a decade to recover, sometimes two. So, on a longterm investment basis gold will almost always give you a 3-5% return, if you cash out during a jump in price you could look at a 50% or more return. OTOH, if you need to cash out for retirement and the market tanks before you get the chance you could easily lose half of your investment. So, IMO, any investing in gold should be as part of a longterm strategy, to stabilize a longterm portfolio and the invester should be keep close tabs on when they might need to liquidate and the gold market.[/QUOTE]