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<p>[QUOTE="physics-fan3.14, post: 772515, member: 19165"]The question might be better asked in the bullion forum, you might get better answers there. </p><p><br /></p><p>Keep in mind we are hobbyists here - not professionals. Any advice we might give you must be taken with a grain of salt - I personally would not trust the advice of anonymous chat room members in making important financial decisions. </p><p><br /></p><p>With that disclaimer - I think gold and precious metals are a bad investment for the long term. Historically, they have incredibly low returns, and hardly even keep up with inflation. If you are going to invest in precious metals, a diversified mutual fund would be best, or an ETF. </p><p><br /></p><p>Don't listen to the doom and gloom nutjobs that keep predicting $2000 an ounce this year, or someother ridiculous figure. They are all smoking the wacky weed.[/QUOTE]</p><p><br /></p>
[QUOTE="physics-fan3.14, post: 772515, member: 19165"]The question might be better asked in the bullion forum, you might get better answers there. Keep in mind we are hobbyists here - not professionals. Any advice we might give you must be taken with a grain of salt - I personally would not trust the advice of anonymous chat room members in making important financial decisions. With that disclaimer - I think gold and precious metals are a bad investment for the long term. Historically, they have incredibly low returns, and hardly even keep up with inflation. If you are going to invest in precious metals, a diversified mutual fund would be best, or an ETF. Don't listen to the doom and gloom nutjobs that keep predicting $2000 an ounce this year, or someother ridiculous figure. They are all smoking the wacky weed.[/QUOTE]
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