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Originally Posted by Synikal
Gold/Silver is where its at! I believe our money (USD) isn't going to do us any good in the near future. And China is going to buy us, because we seem to trade money for everything decreasing its value/rate. I also have 401(k) and Bonds/Mutal Funds.
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Ha ha, until there's another government gold confiscation!
I've invested in some American Eagle coins, but I don't know what's worse...investing in something sure like gold and then have it taken from you in a crisis by the government, or invest in stocks and bonds and have your shares and dollars devalue in a crisis because of the economy.
You just can't win. Of course, they say the government wouldn't confiscate gold jewelery or even gold coins with numismatic value. So if you invest in gold, invest in rare coins or at least ones with numismatic value!
You guys with mutual funds, what do you think about Vanguard mutual funds? If I'm reading it right, their expense ratio is only about .23%.