Has anyone considered precious medals (e.g. gold, silver, etc.) as an investment?

MSgt John McGowan — Mon, 13 Jun 2016 22:43:40 -0400

If have been buying some gold and silver along and along. I do this because the dollar may not be the money of choice soon. China is going to gold backed money. Any thoughts?

Response by TSgt David L. made Jun 13 at 2016 10:57 PM

TSgt David L. — Mon, 13 Jun 2016 22:57:05 -0400

China is our second biggest problem. The first is our government. Your smart to shore up your situation with precious metals.

Response by SPC Darren Koele made Jun 13 at 2016 11:05 PM

SPC Darren Koele — Mon, 13 Jun 2016 23:05:00 -0400

I wouldn't touch commodities, especially metals. Too risky. Too volatile.

Response by LTC John Shaw made Jun 13 at 2016 11:50 PM

LTC John Shaw — Mon, 13 Jun 2016 23:50:59 -0400

Gold is ok as a small percentage of a diverse portfolio. No more than 4%. My preference is to invest in the equity of mining and related services.
Physical gold is effectively dead money as no dividend income or yield is earned. If you use strictly as a hedge then trade the gold ETF.