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<p>[QUOTE=&quot;Andy, post: 24845, member: 645&quot;]GD made alot of sense with what he stated. Especially when one saw how Europe was dumping alot of their gold reserve over the past five years. In this country I never heard of anyone stating that one should invest more then 10% of thier &quot;investment based money&quot; into gold as well. Gold is something that is good to have but not to go overboard with. However, the standard with investing in gold outside of the Western World is that it is a long term investment against run away inflation, famine, war, and politically upheaval. It is not uncommon for a family to never sell off their gold, if the need is not there, but instead pass it to the next generation within the family unit. Gold stock, and we are not talking about Canadian mines, may be good if you are a buyer/seller of gold based upon the market price but if you hold gold for the unforseen disaster, then the coin is the best way to go for you have control of it and if you buy in cash&nbsp; their will never be a record of ownership which makes it easier to hide/or pass down.</p><p><br /></p><p>Now if gold continues to soar, the question is will that make collectable coins more collectable in the long run if a melt down takes affect and decreases the supply of what was once considered not highly valued gold coins based upon grade or quantity.[/QUOTE]</p><p><br /></p>

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