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<p>[QUOTE="buyingsilvers, post: 1486560, member: 18821"]it depends on your objective.</p><p><br /></p><p>Metals will go up and down in real terms (when denominated in paper currencies) due to a plethora of factors, but for the long term, I feel that it is an inflation hedge, and held to preserve purchasing power. Maybe you might "make money" off of it, but to me, that should not be it's primary purpose in your portfolio of investment assets. </p><p><br /></p><p>About the only other assets that can withstand the test of time (say 100-200 years) are hard assets. And some of those can decline or lose value as well because of changes in technology, wars, etc. Gold & silver were valuable thousands of years ago, they're still valuable today. </p><p><br /></p><p>As far as making money? you'd have made a lot more money buying apple stock 30 years ago and holding it versus buying gold. But hindsight is 20/20[/QUOTE]</p><p><br /></p>
[QUOTE="buyingsilvers, post: 1486560, member: 18821"]it depends on your objective. Metals will go up and down in real terms (when denominated in paper currencies) due to a plethora of factors, but for the long term, I feel that it is an inflation hedge, and held to preserve purchasing power. Maybe you might "make money" off of it, but to me, that should not be it's primary purpose in your portfolio of investment assets. About the only other assets that can withstand the test of time (say 100-200 years) are hard assets. And some of those can decline or lose value as well because of changes in technology, wars, etc. Gold & silver were valuable thousands of years ago, they're still valuable today. As far as making money? you'd have made a lot more money buying apple stock 30 years ago and holding it versus buying gold. But hindsight is 20/20[/QUOTE]
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