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Message:: [QUOTE="desertgem, post: 1248045, member: 15199"]Well, to clarify in case I am seen as a "gold bear", I am currently a "physical gold bullion" bear. I think the fear portion of the current price of gold is too large at this time. I still feel ( no proof obviously) that the European and the coming Chinese fall will keep the gold bull market going for several years, but I expect large downs and ups as crises wane and flare. If one is content watching their gold value go up and down over the years, without financial stress, I sure can't  criticize. However, reading posts on the forum, many are overboard on PM as their only form of investment. Some seem to save for a month or more to buy a 1/10 oz of gold or 3 or so ounces of silver, and these are the ones ill suited to "bullion investment" as they will have little recourse when they need money than take whatever the price then may be. Others who have debt independence and a consistent income do not have the same problem. There are other factors of course,such as age, health, family needs, community needs , etc., that play a part. Jim[/QUOTE]