Discuss ~Sweet Gypsey~'s answer to: Has anyone had any good experiences investing in gold?

Has anyone had any good experiences investing in gold? I've heard a lot of people talking about their "gold portfolio," but is it really a profitable endeavor?

~Sweet Gypsey~
~Sweet Gypsey~ Answered:

My F.A. handles all my finances, but the gold coins and such jewelry will  be handed down..

No one is in need now..and a lot I had already given away..

Delilah cut Sampson's hair and forced him into servitude and demise, powerful is woman, strong and vigilant, she brought her men off battlefields to carry them on her back to safety or to burial
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Hamoud S. Al-Sabah
Hamoud S. Al-Sabah

i did a correlation study between oil prices and gold ounces and its been working great for me for 2 years now, you should try it
 
Tom Miller
Tom Miller

Gold is a good investment right now as govt spending irresponsibility reins supreme. I have sales experience as an office manager for a small bullion, coin and gem firm which buys and sells used jewelry too. As good as gold is (currently), I put all bets on silver for far outperforming gold on the upswing which may continue for years to come.  I advise not investing in gold or silver jewelry or diamonds, but instead buy well marked reputable silver bullion (often stamped/minted in 1 oz rounds or bars - the #1 best seller).  Look for reputable brands (there are lots of good ones) with lower premiums over spot price (2-5% over) or go with 90% silver coins (pre-1965, often called "junk silver") for more convenient small increments and superior recognizability and even lower premiums above spot price (1-3% over spot price) figured at about .715 troy ounce per $1 face value of dimes, quarters or half $'s with no wear to a little wear.   There are many other options, but those are the best.  Basic noncollectable value Gold and sivler coins are another popular form for buying either gold or silver, with a bit higher premium to very high premium depending on collectable value added.  This area is very easy to overpay if you don't know your current and changing values of collectable/numismatic valued coins so you can shop for realistic best deals.
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