What do you think about gold?

[Liveformx64]

Given the monkeys in control of the fate of the dollar, to me gold seems like it would be a good thing to have around, for a rainy day.

Does anyone invest in gold?

Do you know of a good source of information about investing in gold?

[Colin123]

I'm quite bullish (optomistic) on gold. It's low right now compared to the last several months so it's a good time to buy.

Jim Sinclair is very knowledgable about gold investing. He's made millions off of investing in it over the years. You can check out his site at Welcome to Jim Sinclair's MineSet

[John Tedder]

Harry Browne wrote a lot about investing in gold and silver. I have read several of his books. You can find more about him at Harry Browne: libertarian politics, articles, books, speeches, and investments. It also lists the different books he has written.

I invested in gold in silver because of him and made a nice profit.

He was the Libertarian candidate for President of the United States at least once, maybe twice.

The first book of his that I read was "How I Found Freedom in an Unfree World."

He wrote a book in 1969, I think, called "How to Profit From the Coming Devaluation." This book kind of made him famous and made investors take note.

He wrote another book called "You Can Profit From a Monetary Crisis" in 1974.
He died in 2006.

[escapee]

Gold is a must have as a monetary insurance in your portfolio given the current financial environment. The general recommended allocation is 10-15% of your capital. There is currently a run on gold coins all over the world so if you're able to find some near the spot, buy them all and run away fast.

YouTube - Jim Rogers Bloomberg 24 October 2008

[John Tedder]

Don't forget silver. You can buy U.S. silver coins 1964 and older that contain 90% silver. You can buy these coins in $1000 face value bags of dimes or quarters from some companies. They shouldn't be hard to find.

[Liveformx64]

Thanks for the information. Where do you buy your gold, and precious metals?

[John Tedder]

I haven't bought any in a long time. When I did, I went to Monex. They have been around for at least 30 years.

[jimbos123456]

I would buy from apmex online their delivery times are reasonable or buy from your local coin dealer just look in the phonebook. Whatever you do don't buy from northwest territory mint, kitco, or perthmint they are having very long delivery delays at the moment. I would rather pay a little more from a company like apmex and have peace of mind then risk default with other companies. Perthmint used to be reputable among the pm investor community but not anymore!