[JoeFromSidney]

I don't consider gold (or silver) to be investments. They are hedges against catastrophe. Look at them that way, and decide how big a hedge you want (or can afford). They're like fire insurance. You hope you never need it.

[RckyRaCoCo]

I don't consider gold (or silver) to be investments. They are hedges against catastrophe.

I used to think the same, but with things being what they are today I'm beginning to think land and lead might be better hedges against catastrophe.