Originally Posted by
Waterboy
Started buying when it was in the 300.00 range years ago. Continued to buy set amount each year, even more when funds were available. I started converting my stock and bond portfolio to gold, silver and copper a few years ago when they started to escalate in price.
I prefer soilid gold in hand for several reasons. One being if and when the world economy collapses, I can divide the pieces of gold and silver and use for some type of currency to exchange or pay for items needed.
Don't really trust the ownership of preciuos metals to be on paper. You can't divide up these metals on paper and use for bargining chips. If a collapse happens, how do you know where your precious metals are and who actually has them?