I was wondering if investing in Gold would be good ideal. I have noticed that Gold is higher than when I last saw it.

If a man was willing to invest 10 grand in gold, would that be sound investment?

How do you make sure you aren't being sold something worthless? Scammed?

Matt

You talkin' coins?  My dad has been collecting coins for years and each year the sets and pieces he has been collecting go up in value, some considerably.  My dad's been doing it since our childhood in order to give us a bit more money to put torwards a house or something later on in the future.  A lot of collectors will buy these pieces in a heart beat to finish up sets or add to their expanding collections.  Most coins tend to come with a certificate of authentication much like when you buy any signed memorabilia from a sports show.  I think it's a good investment as well as a cool hobby.  If your just talking about like stock or something I can't really help you here.  Sure there are plenty of investors out there though that know a thing or two.  Just a couple of cool links:

http://en.wikipedia.org/wiki/Gold_as_an_investment

http://en.wikipedia.org/wiki/Types_of_gold_investors

http://www.usagold.com/gildedopinion/hathawayten.html

http://www.investopedia.com/ask/answers/06/investingingold.asp

Just a couple I got from looking around on google.  Some interesting stuff.

JC,

  Never been into metal speculation.   Not even sure that is a correct term.   So coins, bars, and such would be learning experience, thats why I'm seeking some knowledge.

I noticed on a graph by accident how gold has risen way up.

I was wondering if someone invested 10 grand, in some form, in 2009, would that be sound investment.    I know econmy, wars, and politics all have effect.

matt

Here ya go, should be a start.

http://www.kitco.com/stocks/companyname_asc.html

http://www.marketwatch.com/news/story/gold-futures-fall-back-after/story.aspx?guid=%7B94D85E11%2D976D%2D47C9%2DA160%2D71219BF5E4E5%7D

http://www.exchangetradedgold.com/

Right now all non ferous metals are at a record high that I've looked up.  I myself am not one that likes to buy stocks at record highs.  I search for good deals.  Record highs that I have always delt with have always dropped and leaves me in the poor house.  Do alot of research before dropping that kind of coin.

Buying gold right now may be a dangerous move. The price has climbed pretty high and it is due for a correction at some point meaning the price will come back down. One of the key things pushing gold higher is the weaking of the US dollar/currency vs. the Euro. There is a chance gold could still climb considerably higher before it peaks and that is where the speculation comes in that drives up the price. Investing in the right coins both gold and silver tend to be a wiser long term investment. You really need to decide if you want to make short term or long term investments. The US mint started the presidential dollar sets this year in both silver and gold, obviously the gold sets will be more expensive but they will appreciate considerably faster to, but both coin sets will appreciate considerably.

Silver Proof Sets (State Quarters) Example:

The State Quarter Silver Proof sets sold for approximately $30 to $35 each. The first couple of sets/years are now worth between $300 and $500. By the time the set completes they will most likely have a value of close to $3,000 to $3,500 for all ten years, not bad for a $300 to $350 investment.

I hope this helps.

Ron

Keep them coming,   I will read all the links when time permits.    Learning some good stuff.

thanks to all

Matt

My brother in law keeps buying silver bricks.....

I thought he was crazy, but maybe I'm the crazy one lol  

Don't do it.  Plenty of other sound long term investments out there.  

Don't do it. Plenty of other sound long term investments out there.

I would PM Rob or RW on this, these guys are experts in investment Matt!