Is investing into gold a good idea now?

Yes and No. If you're going to invest in gold, buy one of the ETFs or a precious metals mutual fund. If you own the coins or bullion, there it is and it doesn't do much, plus you have to store it in a secure location. It doesn't pay any interest or dividends but I would think it would be nice to look at from time to time. The price of gold - $652/oz. - is still too high to justify right now (inflation is not a real problem in the US though it is in other countries) although there is always the prospect that it will go higher. If you decide to buy, consider it a long-term investment since you will likely see a loss in the short term particularly when interest rates are lowered (here and abroad) which tells everybody that there's little threat of inflation. That usually causes a sell-off by investors who will look for other more profitable investments. You can check the site below to see the daily price of all of the precious metals. Good Luck!

I don't think of gold as an investment. It holds value. If you think we are about to have "hyper-inflation" that would destroy the value of the dollar then you would want to put your money into another currency or into gold.

I don't think we are anywhere close to hyper-inflation.

sure why not, if your bill gates

A great idea for now!

I like the real GOLD nuggets.

As most gold is mined as very fine dust and tiny nuggets, the larger (over 1oz) nuggets are very rare! Actually they are as rare as large diamonds!

I would suggest you look into large nuggets!

To see the 'live' spot NY gold price and some museum size gold nuggets I suggest you visit a great site I found a few months ago. I purchase a few nuggets from them just about a month ago, and not only are they beautiful to look at but in just the last few weeks they have really moved up in value!

I'm actually saving to purchase others!

The site is: http://www.california-gold-rush-miner.us


Their museum nuggets are at:
http://www.california-gold-rush-miner.us...

The most expensive gold is called Crystalline gold. Some great photos of it can be viewed at:
http://www.california-gold-rush-miner.us...
http://california-gold-nuggets-miner.blo...
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I would suggest looking at "Gold Junior Mining Shares" as opposed to the actual metal.

I have doubled, triple, quadripled my money on several junior mining shares this year.

Northland TX.NAU 500%
International Bartex IBX 100%
Chariot Resources.TX.CHD 100%

The best newsletter I have ever seen is Doug Casey's International Speculator.

http://www.caseyresearch.com/

With every central bank in the world inflating their currency, it's only a matter of time where Gold will play catch up to the worthless dollars every Central Bank is now creating.

Hope this helps!

Terry S.

Just how does this question apply to renting and real estate section?

Thanks for two points.