Originally Posted by
Skol
Could do but I doubt it.
When gold goes up the scams increase exponentially, more than any other investment, and you can bet there's plenty under way right now.
Gold is up ostensibly because paranoid Germans and Austrians who were never alive during the Weimar Republic are buying it. Apparently they just can't get over it. It's about as much sense as harking back to the great railroad and electricity company crashes of the 19th century.
Gold is a risky punt and when the tide turns it could be a flood.
Like I've said before you can't eat it, no dividend, costs to store it, and very risky to store at home.